The Anderson School at UCLA FRAMING THE SYSTEM REPLACEMENT DECISION: A LIBRARY ILLUSTRATION

Affect, Motivation and Decision Making International Conference in Collaboration with the Interdisciplinary Group in Behavioral Decision Making, Ucla Anderson School of Management Organizing Committee

Optimal overhaul–replacement policy for a multi-degraded repairable system sold with warranty

In this research, we study an optimal overhaul–replacement policy of a multi-degraded repairable system sold with a free replacement warranty. In the proposed replacement policy, a maintenance action and failure are dependent on a system degradation level and the system age, and hence the replacement model will provide more effective maintenance decisions. Failure of the system is modeled using...

The Drivers of Greenwashing

More and more firms are engaging in greenwashing, misleading consumers about firm environmental performance or the environmental benefits of a product or service. The skyrocketing incidence of greenwashing can have profound negative effects on consumer and investor confidence in environmentally friendly firms and products. In this paper, we provide a comprehensive framework that examines the ex...

Modelling and Decision-making on Deteriorating Production Systems using Stochastic Dynamic Programming Approach

This study aimed at presenting a method for formulating optimal production, repair and replacement policies. The system was based on the production rate of defective parts and machine repairs and then was set up to optimize maintenance activities and related costs. The machine is either repaired or replaced. The machine is changed completely in the replacement process, but the productio...

Reliability and Validity of the Persian-Version of the University of California, Los Angeles (UCLA) Questionnaire in Iranian Candidates for Knee Replacement Surgery

Objective: To translate and cross-culturally adapt the University of California at Los Angles (UCLA) activity score to a Persian-version (UCLA-P) and evaluate the reliability and validity of the UCLA-P for Iranian patients (n=103) who were candidate for knee replacement surgery. Methods: In this methodological study, cross-cultural adaptation was performed according to the international qualit...