SOME RESULTS ON A NEW CLASS OF SHOCK MODELS

Traditional shock models view system failure time as a first passage problem. Yeh Lam proposed a new class of models called δ-shock models in which failure was dependent on the frequency of shocks. The present work generalizes Yeh Lam's results for renewal shock arrivals and random threshold. Several special cases and an optimal replacement problem are also discussed.

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Year of publication:	2010
Authors:	RANGAN, ALAGAR ; TANSU, AYŞE
Published in:	Asia-Pacific Journal of Operational Research (APJOR). - World Scientific Publishing Co. Pte. Ltd., ISSN 1793-7019. - Vol. 27.2010, 04, p. 503-515
Publisher:	World Scientific Publishing Co. Pte. Ltd.
Subject:	Lethal shock \| δ-shock model \| random threshold

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Extent:	application/pdf text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008455287