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Persistent link: https://www.econbiz.de/10009388934
An inspection and replacement policy for a protection system is described in which the inspection process is subject to error, and false positives (false alarms) and false negatives are possible. We develop two models: one in which a false positive implies renewal of the protection system; the...
Persistent link: https://www.econbiz.de/10010574199
Heterogeneity in component and maintenance quality is considered in the context of age-based inspection and replacement for a single component system. A three-state component failure model is assumed, with a defective state preceding the failed state. Heterogeneity in maintenance intervention is...
Persistent link: https://www.econbiz.de/10010597267