{"id":"https://openalex.org/W2515482691","doi":"https://doi.org/10.1080/00207543.2016.1229069","title":"Acquisition of new technology information for maintenance and replacement policies","display_name":"Acquisition of new technology information for maintenance and replacement policies","publication_year":2016,"publication_date":"2016-09-02","ids":{"openalex":"https://openalex.org/W2515482691","doi":"https://doi.org/10.1080/00207543.2016.1229069","mag":"2515482691"},"language":"en","primary_location":{"id":"doi:10.1080/00207543.2016.1229069","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00207543.2016.1229069","pdf_url":null,"source":{"id":"https://openalex.org/S65690446","display_name":"International Journal of Production Research","issn_l":"0020-7543","issn":["0020-7543","1366-588X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":null,"any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5013628132","display_name":"Khanh T.P. Nguyen","orcid":"https://orcid.org/0000-0001-8184-8238"},"institutions":[{"id":"https://openalex.org/I140494188","display_name":"Universit\u00e9 de Technologie de Troyes","ror":"https://ror.org/01qhqcj41","country_code":"FR","type":"education","lineage":["https://openalex.org/I140494188"]}],"countries":["FR"],"is_corresponding":true,"raw_author_name":"Khanh T.P. Nguyen","raw_affiliation_strings":["ROSAS Department, University of Technology of Troyes, France"],"affiliations":[{"raw_affiliation_string":"ROSAS Department, University of Technology of Troyes, France","institution_ids":["https://openalex.org/I140494188"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5110179772","display_name":"Thomas G. Yeung","orcid":null},"institutions":[{"id":"https://openalex.org/I70768539","display_name":"\u00c9cole Nationale Sup\u00e9rieure des Mines de Paris","ror":"https://ror.org/04y8cs423","country_code":"FR","type":"education","lineage":["https://openalex.org/I190752583","https://openalex.org/I2746051580","https://openalex.org/I70768539"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"Thomas Yeung","raw_affiliation_strings":["Ecole des Mines de Nantes, IRCCyN, France"],"affiliations":[{"raw_affiliation_string":"Ecole des Mines de Nantes, IRCCyN, France","institution_ids":["https://openalex.org/I70768539"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5009045624","display_name":"Bruno Castanier","orcid":"https://orcid.org/0000-0002-3735-3331"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Bruno Castanier","raw_affiliation_strings":["LARIS, University of Angers, France"],"affiliations":[{"raw_affiliation_string":"LARIS, University of Angers, France","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5013628132"],"corresponding_institution_ids":["https://openalex.org/I140494188"],"apc_list":null,"apc_paid":null,"fwci":1.8025,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.87040619,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"55","issue":"8","first_page":"2212","last_page":"2231"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9883000254631042,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9883000254631042,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14306","display_name":"Technology Assessment and Management","score":0.9789000153541565,"subfield":{"id":"https://openalex.org/subfields/2213","display_name":"Safety, Risk, Reliability and Quality"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T12659","display_name":"Innovation Diffusion and Forecasting","score":0.9711999893188477,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/profitability-index","display_name":"Profitability index","score":0.6693633794784546},{"id":"https://openalex.org/keywords/asset","display_name":"Asset (computer security)","score":0.61680668592453},{"id":"https://openalex.org/keywords/markov-decision-process","display_name":"Markov decision process","score":0.5619109869003296},{"id":"https://openalex.org/keywords/convexity","display_name":"Convexity","score":0.5166780948638916},{"id":"https://openalex.org/keywords/function","display_name":"Function (biology)","score":0.5115888714790344},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4979288578033447},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.4658649265766144},{"id":"https://openalex.org/keywords/value-of-information","display_name":"Value of information","score":0.46562856435775757},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.437252014875412},{"id":"https://openalex.org/keywords/process","display_name":"Process (computing)","score":0.430317759513855},{"id":"https://openalex.org/keywords/markov-process","display_name":"Markov process","score":0.4291868507862091},{"id":"https://openalex.org/keywords/monotone-polygon","display_name":"Monotone polygon","score":0.42886143922805786},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.26060494780540466},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.20519930124282837},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.13101613521575928},{"id":"https://openalex.org/keywords/computer-security","display_name":"Computer security","score":0.100676029920578},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.09858182072639465},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.08649620413780212}],"concepts":[{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.6693633794784546},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.61680668592453},{"id":"https://openalex.org/C106189395","wikidata":"https://www.wikidata.org/wiki/Q176789","display_name":"Markov decision process","level":3,"score":0.5619109869003296},{"id":"https://openalex.org/C72134830","wikidata":"https://www.wikidata.org/wiki/Q5166524","display_name":"Convexity","level":2,"score":0.5166780948638916},{"id":"https://openalex.org/C14036430","wikidata":"https://www.wikidata.org/wiki/Q3736076","display_name":"Function (biology)","level":2,"score":0.5115888714790344},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4979288578033447},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.4658649265766144},{"id":"https://openalex.org/C92424840","wikidata":"https://www.wikidata.org/wiki/Q7912772","display_name":"Value of information","level":2,"score":0.46562856435775757},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.437252014875412},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.430317759513855},{"id":"https://openalex.org/C159886148","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov process","level":2,"score":0.4291868507862091},{"id":"https://openalex.org/C2834757","wikidata":"https://www.wikidata.org/wiki/Q4925424","display_name":"Monotone polygon","level":2,"score":0.42886143922805786},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.26060494780540466},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.20519930124282837},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.13101613521575928},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.100676029920578},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.09858182072639465},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.08649620413780212},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C78458016","wikidata":"https://www.wikidata.org/wiki/Q840400","display_name":"Evolutionary biology","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1080/00207543.2016.1229069","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00207543.2016.1229069","pdf_url":null,"source":{"id":"https://openalex.org/S65690446","display_name":"International Journal of Production Research","issn_l":"0020-7543","issn":["0020-7543","1366-588X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Research","raw_type":"journal-article"},{"id":"pmh:oai:oatao.univ-toulouse.fr:19984","is_oa":true,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306401987","display_name":"Open Archive Toulouse Archive Ouverte (University of Toulouse)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I17866349","host_organization_name":"Universit\u00e9 F\u00e9d\u00e9rale de Toulouse Midi-Pyr\u00e9n\u00e9es","host_organization_lineage":["https://openalex.org/I17866349"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"","raw_type":"Article"},{"id":"pmh:oai:HAL:hal-01520843v1","is_oa":true,"landing_page_url":"https://hal.science/hal-01520843","pdf_url":null,"source":{"id":"https://openalex.org/S4306402512","display_name":"HAL (Le Centre pour la Communication Scientifique Directe)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I1294671590","host_organization_name":"Centre National de la Recherche Scientifique","host_organization_lineage":["https://openalex.org/I1294671590"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"International Journal of Production Research, 2016, 55 (8), pp.2212-2231. ⟨10.1080/00207543.2016.1229069⟩","raw_type":"Journal articles"},{"id":"pmh:oai:RePEc:taf:tprsxx:v:55:y:2017:i:8:p:2212-2231","is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/00207543.2016.1229069","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"pmh:oai:oatao.univ-toulouse.fr:19984","is_oa":true,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306401987","display_name":"Open Archive Toulouse Archive Ouverte (University of Toulouse)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I17866349","host_organization_name":"Universit\u00e9 F\u00e9d\u00e9rale de Toulouse Midi-Pyr\u00e9n\u00e9es","host_organization_lineage":["https://openalex.org/I17866349"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"","raw_type":"Article"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":21,"referenced_works":["https://openalex.org/W1968752876","https://openalex.org/W1979949577","https://openalex.org/W1990628949","https://openalex.org/W2003100447","https://openalex.org/W2003345255","https://openalex.org/W2008148719","https://openalex.org/W2058087232","https://openalex.org/W2064402583","https://openalex.org/W2110381204","https://openalex.org/W2113318695","https://openalex.org/W2116387273","https://openalex.org/W2119567691","https://openalex.org/W2136543196","https://openalex.org/W2170830208","https://openalex.org/W2289585936","https://openalex.org/W2322890683","https://openalex.org/W2334782222","https://openalex.org/W2541265629","https://openalex.org/W4206412463","https://openalex.org/W4230330101","https://openalex.org/W4247245376"],"related_works":["https://openalex.org/W2187391117","https://openalex.org/W1981809986","https://openalex.org/W1843467136","https://openalex.org/W2949367465","https://openalex.org/W4235203617","https://openalex.org/W2051545453","https://openalex.org/W2006359264","https://openalex.org/W187740018","https://openalex.org/W2162286586","https://openalex.org/W4255368532"],"abstract_inverted_index":{"In":[0],"this":[1,57],"paper,":[2],"we":[3,59],"propose":[4],"the":[5,10,16,28,38,69,79,85,97,101,116,127,137],"first":[6],"model":[7],"that":[8,22],"considers":[9],"option":[11],"to":[12],"acquire":[13],"information":[14,46,104,141],"on":[15,27,105],"profitability":[17],"of":[18,40,72,84,99,103,130,139],"a":[19,50,110,121],"new":[20,73,131],"technology":[21,74,107,132],"is":[23],"not":[24,134],"yet":[25],"available":[26],"market":[29],"for":[30,115],"asset":[31,42,61],"maintenance":[32,62,111],"and":[33,63,82,88,112],"replacement":[34,64,113],"decisions.":[35],"We":[36,118],"consider":[37],"uncertainty":[39],"future":[41,106],"characteristics":[43],"by":[44],"incorporating":[45],"acquisition":[47,102,138],"decisions":[48,65],"into":[49],"non-stationary":[51],"Markov":[52],"decision":[53],"process":[54],"framework.":[55],"Using":[56],"framework,":[58],"optimise":[60],"as":[66,68],"well":[67],"optimal":[70,89],"timing":[71],"adoption.":[75],"Through":[76],"mathematical":[77],"analyses,":[78],"monotone":[80],"properties":[81],"convexity":[83],"value":[86],"function":[87],"policy":[90,114],"are":[91],"deduced.":[92],"Deeper":[93],"numerical":[94],"analyses":[95],"highlight":[96],"importance":[98],"considering":[100],"when":[108],"formulating":[109],"asset.":[117],"also":[119],"deduce":[120],"non-intuitive":[122],"result:":[123],"an":[124],"increase":[125],"in":[126],"arrival":[128],"probability":[129],"does":[133],"necessarily":[135],"make":[136],"additional":[140],"more":[142],"attractive.":[143]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":5},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}