Comparison of maintenance policies with monotone failure rate distributions

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Abstract

We compare different maintenance policies assuming that the system lifetime has either increasing failure rate (IFR), or decreasing failure rate (DFR) distribution. We show that these assumptions yield strongly stochastic comparisons between the process' intensities. This yields stronger stochastic comparison between the processes than the stochastic comparison that hold when the system lifetime is new better than used (NBU) or new worse than used (NWU).

Original languageEnglish
Pages (from-to)51-65
Number of pages15
JournalApplied Stochastic Models in Business and Industry
Volume19
Issue number1
DOIs
StatePublished - Jan 2003

Keywords

  • Age replacement
  • Block replacement
  • DFR
  • IFR
  • Minimal repair
  • Stochastic comparison

ASJC Scopus subject areas

  • Modeling and Simulation
  • Business, Management and Accounting (all)
  • Management Science and Operations Research

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