Systems in parallel with different types of rate risk: analysis of periods and cost of inspection

Systems in parallel with different types of rate risk: analysis of periods and cost of inspection

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Article ID: iaor20084323
Country: Brazil
Volume: 24
Issue: 3
Start Page Number: 343
End Page Number: 354
Publication Date: Sep 2004
Journal: Pesquisa Operacional
Authors: ,
Abstract:

Let us consider two or more parallel systems with different hazard rates whose state of effective or non-effective functioning is only detected by perfect inspections. Considering different costs for each inspection and for unit of time of non-effective functioning, we analyse, following in the steps of previous works, the optimal inspection period and the respective expected total cost per cycle of the resulting global system which presents greater reliability, taking as reference one of the initial parallel systems.

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