This study was instituted to explore the feasibility of solution of an economic model for equipment investment by an analog computer. The relevance of various models to the equipment-replacement model is discussed and the equivalence of these shown. An analog is constructed and computations made for a wide range of system parameters. The sensitivity of the decision to changes in the values of the factors considered is analyzed and conclusions drawn.
No takes yet. Share an insight, caveat, or question.
Fetter et al. (1957) studied this question.
Synapse has enriched 2 closely related papers on similar clinical questions. Consider them for comparative context: