Optimum life of production assets in short and medium term timber harvesting projects
An optimal equipment replacement model was developed, that is useful for evaluating machinery replacement proposals. The model is based on discounted cash flow methods, and performs the evaluation by comparing the cash flow profile of the currently owned machine (the "defender") against th...
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| Language: | English |
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University of British Columbia
2010
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| Online Access: | http://hdl.handle.net/2429/28295 |