Obsolescence – A review of the literature
Author
Abstract
Suggested Citation
DOI: 10.1016/j.techsoc.2020.101347
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Ali Dogramaci & Nelson M. Fraiman, 2004. "Replacement Decisions with Maintenance Under Uncertainty: An Imbedded Optimal Control Model," Operations Research, INFORMS, vol. 52(5), pages 785-794, October.
- Reindorp, Matthew J. & Fu, Michael C., 2011. "Capital renewal as a real option," European Journal of Operational Research, Elsevier, vol. 214(1), pages 109-117, October.
- Amankwah-Amoah, Joseph, 2016. "Global business and emerging economies: Towards a new perspective on the effects of e-waste," Technological Forecasting and Social Change, Elsevier, vol. 105(C), pages 20-26.
- Karsak, E. Ertugrul & Tolga, Ethem, 1998. "An overhaul-replacement model for equipment subject to technological change in an inflation-prone economy," International Journal of Production Economics, Elsevier, vol. 56(1), pages 291-301, September.
- HRITONENKO, Natali & YATSENKO, Yuri, 2009. "Integral equation of optimal replacement: analysis and algorithms," LIDAM Reprints CORE 2149, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Yatsenko, Yuri & Hritonenko, Natali, 2011. "Economic life replacement under improving technology," International Journal of Production Economics, Elsevier, vol. 133(2), pages 596-602, October.
- Tou, Yuji & Watanabe, Chihiro & Moriya, Kuniko & Neittaanmäki, Pekka, 2019. "Harnessing soft innovation resources leads to neo open innovation," Technology in Society, Elsevier, vol. 58(C).
- Sophie Mercier, 2008. "Optimal replacement policy for obsolete components with general failure rates," Applied Stochastic Models in Business and Industry, John Wiley & Sons, vol. 24(3), pages 221-235, May.
- Nguyen, T.P. Khanh & Yeung, Thomas G. & Castanier, Bruno, 2013. "Optimal maintenance and replacement decisions under technological change with consideration of spare parts inventories," International Journal of Production Economics, Elsevier, vol. 143(2), pages 472-477.
- Pantano, Eleonora & Iazzolino, Gianpaolo & Migliano, Giuseppe, 2013. "Obsolescence risk in advanced technologies for retailing: A management perspective," Journal of Retailing and Consumer Services, Elsevier, vol. 20(2), pages 225-233.
- Amankwah-Amoah, Joseph, 2017. "Integrated vs. add-on: A multidimensional conceptualisation of technology obsolescence," MPRA Paper 86353, University Library of Munich, Germany.
- Hritonenko, Natali & Yatsenko, Yuri, 2010. "Technological innovations, economic renovation, and anticipation effects," Journal of Mathematical Economics, Elsevier, vol. 46(6), pages 1064-1078, November.
- Nair, Suresh K. & Hopp, Wallace J., 1992. "A model for equipment replacement due to technological obsolescence," European Journal of Operational Research, Elsevier, vol. 63(2), pages 207-221, December.
- Pinçe, Çerag & Dekker, Rommert, 2011.
"An inventory model for slow moving items subject to obsolescence,"
European Journal of Operational Research, Elsevier, vol. 213(1), pages 83-95, August.
- Pinçe, C. & Dekker, R., 2009. "An Inventory Model for Slow Moving Items Subject to Obsolescence," ERIM Report Series Research in Management ERS-2009-053-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
- Teunter, Ruud H. & Syntetos, Aris A. & Zied Babai, M., 2011. "Intermittent demand: Linking forecasting to inventory obsolescence," European Journal of Operational Research, Elsevier, vol. 214(3), pages 606-615, November.
- Shi, Zhenyang & Liu, Shaoxuan, 2020. "Optimal inventory control and design refresh selection in managing part obsolescence," European Journal of Operational Research, Elsevier, vol. 287(1), pages 133-144.
- Goetz, Renan-Ulrich & Hritonenko, Natali & Yatsenko, Yuri, 2008. "The optimal economic lifetime of vintage capital in the presence of operating costs, technological progress, and learning," Journal of Economic Dynamics and Control, Elsevier, vol. 32(9), pages 3032-3053, September.
- Novakova, Lucia, 2020. "The impact of technology development on the future of the labour market in the Slovak Republic," Technology in Society, Elsevier, vol. 62(C).
- Suresh K. Nair, 1995. "Modeling Strategic Investment Decisions Under Sequential Technological Change," Management Science, INFORMS, vol. 41(2), pages 282-297, February.
- Amankwah-Amoah, Joseph, 2017. "Integrated vs. add-on: A multidimensional conceptualisation of technology obsolescence," Technological Forecasting and Social Change, Elsevier, vol. 116(C), pages 299-307.
- Tou, Yuji & Watanabe, Chihiro & Neittaanmäki, Pekka, 2020. "Fusion of technology management and financing management - Amazon's transformative endeavor by orchestrating techno-financing systems," Technology in Society, Elsevier, vol. 60(C).
- Nguyen, T.P.K. & Castanier, Bruno & Yeung, Thomas G., 2014. "Maintaining a system subject to uncertain technological evolution," Reliability Engineering and System Safety, Elsevier, vol. 128(C), pages 56-65.
- Natali Hritonenko & Yuri Yatsenko, 2004. "Structure of optimal trajectories in a nonlinear dynamic model with endogenous delay," Journal of Applied Mathematics, Hindawi, vol. 2004, pages 1-13, January.
- Amankwah-Amoah, Joseph, 2016. "Competing technologies, competing forces: The rise and fall of the floppy disk, 1971–2010," Technological Forecasting and Social Change, Elsevier, vol. 107(C), pages 121-129.
- Natali Hritonenko & Yuri Yatsenko, 2012. "Fleet replacement under technological shocks," Annals of Operations Research, Springer, vol. 196(1), pages 311-331, July.
- Clavareau, Julien & Labeau, Pierre-Etienne, 2009. "Maintenance and replacement policies under technological obsolescence," Reliability Engineering and System Safety, Elsevier, vol. 94(2), pages 370-381.
- Clavareau, Julien & Labeau, Pierre-Etienne, 2009. "A Petri net-based modelling of replacement strategies under technological obsolescence," Reliability Engineering and System Safety, Elsevier, vol. 94(2), pages 357-369.
- Siemoneit, Andreas, 2019. "An offer you can't refuse: Enhancing personal productivity through ‘efficiency consumption’," Technology in Society, Elsevier, vol. 59(C).
- Vincenzi, Marco & Shore, Barry, 2019. "Managing membership in Large-Scale International Science Projects," Technology in Society, Elsevier, vol. 59(C).
- Watanabe, Chihiro & Naveed, Nasir & Neittaanmäki, Pekka, 2019. "Digitalized bioeconomy: Planned obsolescence-driven circular economy enabled by Co-Evolutionary coupling," Technology in Society, Elsevier, vol. 56(C), pages 8-30.
- Siemoneit, Andreas, 2019. "An offer you can't refuse – Enhancing personal productivity through 'efficiency consumption'," ZOE Discussion Papers 2, ZOE. institute for future-fit economies, Bonn.
- S. Bylka & S. Sethi & G. Sorger, 1992. "Minimal forecast horizons in equipment replacement models with multiple technologies and general switching costs," Naval Research Logistics (NRL), John Wiley & Sons, vol. 39(4), pages 487-507, June.
- Sophie Mercier & Pierre‐Etienne Labeau, 2004. "Optimal replacement policy for a series system with obsolescence," Applied Stochastic Models in Business and Industry, John Wiley & Sons, vol. 20(1), pages 73-91, January.
- Watanabe, Chihiro & Naveed, Nasir & Neittaanmäki, Pekka, 2018. "Digital solutions transform the forest-based bioeconomy into a digital platform industry - A suggestion for a disruptive business model in the digital economy," Technology in Society, Elsevier, vol. 54(C), pages 168-188.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Öner, K.B. & Kiesmüller, G.P. & van Houtum, G.J., 2015. "On the upgrading policy after the redesign of a component for reliability improvement," European Journal of Operational Research, Elsevier, vol. 244(3), pages 867-880.
- Yatsenko, Yuri & Hritonenko, Natali, 2017. "Machine replacement under evolving deterministic and stochastic costs," International Journal of Production Economics, Elsevier, vol. 193(C), pages 491-501.
- Nguyen, T.P. Khanh & Yeung, Thomas G. & Castanier, Bruno, 2013. "Optimal maintenance and replacement decisions under technological change with consideration of spare parts inventories," International Journal of Production Economics, Elsevier, vol. 143(2), pages 472-477.
- Yatsenko, Yuri & Hritonenko, Natali, 2020. "Optimal asset replacement: Profit maximization under varying technology," International Journal of Production Economics, Elsevier, vol. 228(C).
- Yatsenko, Yuri & Hritonenko, Natali, 2015. "Algorithms for asset replacement under limited technological forecast," International Journal of Production Economics, Elsevier, vol. 160(C), pages 26-33.
- Nguyen, T.P.K. & Castanier, Bruno & Yeung, Thomas G., 2014. "Maintaining a system subject to uncertain technological evolution," Reliability Engineering and System Safety, Elsevier, vol. 128(C), pages 56-65.
- Kuppelwieser, Volker G. & Klaus, Phil & Manthiou, Aikaterini & Boujena, Othman, 2019. "Consumer responses to planned obsolescence," Journal of Retailing and Consumer Services, Elsevier, vol. 47(C), pages 157-165.
- Stutzman, Sarah & Weiland, Brandon & Preckel, Paul & Wetzstein, Michael, 2017. "Optimal replacement policies for an uncertain rejuvenated asset," International Journal of Production Economics, Elsevier, vol. 185(C), pages 21-33.
- Tou, Yuji & Watanabe, Chihiro & Moriya, Kuniko & Naveed, Nasir & Vurpillat, Victor & Neittaanmäki, Pekka, 2019. "The transformation of R&D into neo open innovation- a new concept in R&D endeavor triggered by amazon," Technology in Society, Elsevier, vol. 58(C).
- Suresh Chand & Vernon Ning Hsu & Suresh Sethi, 2002. "Forecast, Solution, and Rolling Horizons in Operations Management Problems: A Classified Bibliography," Manufacturing & Service Operations Management, INFORMS, vol. 4(1), pages 25-43, September.
- Yuri Yatsenko & Natali Hritonenko, 2016. "Asset replacement under improving operating and capital costs: a practical approach," International Journal of Production Research, Taylor & Francis Journals, vol. 54(10), pages 2922-2933, May.
- Ko, Yu-Chia & Zigan, Krystin & Liu, Yu-Lun, 2021. "Carbon capture and storage in South Africa: A technological innovation system with a political economy focus," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
- Joseph Amankwah-Amoah & Frederick Ahen, 2021. "Editorial: Sustainable Waste Management Innovations: Developing New Ventures for Improved Health and Environmental Wellbeing," Sustainability, MDPI, vol. 13(13), pages 1-4, June.
- Watanabe, Chihiro & Akhtar, Waleed & Tou, Yuji & Neittaanmäki, Pekka, 2021. "Amazon's New Supra-Omnichannel: Realizing Growing Seamless Switching for Apparel During COVID-19," Technology in Society, Elsevier, vol. 66(C).
- Khanh T.P. Nguyen & Thomas Yeung & Bruno Castanier, 2017. "Acquisition of new technology information for maintenance and replacement policies," International Journal of Production Research, Taylor & Francis Journals, vol. 55(8), pages 2212-2231, April.
- Sampath Rajagopalan & Medini R. Singh & Thomas E. Morton, 1998. "Capacity Expansion and Replacement in Growing Markets with Uncertain Technological Breakthroughs," Management Science, INFORMS, vol. 44(1), pages 12-30, January.
- Watanabe, Chihiro & Akhtar, Waleed & Tou, Yuji & Neittaanmäki, Pekka, 2021. "Amazon's initiative transforming a non-contact society - Digital disruptionleads the way to stakeholder capitalization," Technology in Society, Elsevier, vol. 65(C).
- Rahman, Atiqur & Loulou, Richard, 2001. "Technology acquisition with technological progress: effects of expectations, rivalry and uncertainty," European Journal of Operational Research, Elsevier, vol. 129(1), pages 159-185, February.
- Kim, T.Y. & Dekker, R. & Heij, C., 2016. "Spare part demand forecasting for consumer goods using installed base information," Econometric Institute Research Papers EI2016-11, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
- A. Bensoussan & Q. Feng & S. P. Sethi, 2022. "Integrating equipment investment strategy with maintenance operations under uncertain failures," Annals of Operations Research, Springer, vol. 317(2), pages 353-386, October.
More about this item
Keywords
Technological progress; Obsolescence; Replacement strategies; Maintenance;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:teinso:v:63:y:2020:i:c:s0160791x2030350x. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/technology-in-society .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.