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 language | English |
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Pages (from-to) | 51-65 |
Number of pages | 15 |
Journal | Applied Stochastic Models in Business and Industry |
Volume | 19 |
Issue number | 1 |
DOIs | |
State | Published - Jan 2003 |
Keywords
- Age replacement
- Block replacement
- DFR
- IFR
- Minimal repair
- Stochastic comparison
ASJC Scopus subject areas
- Modeling and Simulation
- General Business, Management and Accounting
- Management Science and Operations Research