| Article ID: | iaor20051193 |
| Country: | Netherlands |
| Volume: | 32 |
| Issue: | 5 |
| Start Page Number: | 415 |
| End Page Number: | 421 |
| Publication Date: | Sep 2004 |
| Journal: | Operations Research Letters |
| Authors: | Castro I.T., Sanjun E.L. |
| Keywords: | quality & reliability |
We introduce the stochastic process we call a power process and show that under certain conditions it is stochastically monotone. We use it to model a deteriorative system where operating times and repair times are general discrete random variables, and illustrate our results with numerical examples.