Data from a state department of transportation fleet shows that the usage of a typical asset decreases as it ages. One possible explanation for decreasing asset usage with age is operator preference for using the newest available asset. In this research the long-term cost and replacement implications of such a...
This research addresses the large-scale group fleet replacement problem with multiple vehicle types of multiple units, under budget and demand constraints. Past research in group fleet replacement is limited and has focused on one vehicle type, with multiples units and constraints. Many studies in fleet replacement have also dealt with...
Oregon Department of Transportation (ODOT) Fleet Services manages a fleet that in 2008 included approximately 5,000 pieces of active equipment worth $340–$390 million. Every biennium, a fixed budget is available to replace a certain amount of this equipment. This research evaluated various measures for establishing equipment replacement priorities.
A model...