Showing 1 - 10 of 13
Advances in Mathematical Modeling for Reliability discusses fundamental issues on mathematical modeling in reliability theory and its applications. Beginning with an extensive discussion of graphical modeling and Bayesian networks, the focus shifts towards repairable systems: a discussion about...
Persistent link: https://www.econbiz.de/10009459407
Decisions during the reliability growth development process of engineering equipment involve trade-offs between cost and risk. However slight, there exists a chance an item of equipment will not function as planned during its specified life. Consequently the producer can incur a financial...
Persistent link: https://www.econbiz.de/10009459502
Fully Bayesian approaches to analysis can be overly ambitious where there exist realistic limitations on the ability of experts to provide prior distributions for all relevant parameters. This research was motivated by situations where expert judgement exists to support the development of prior...
Persistent link: https://www.econbiz.de/10009459507
Now that electronic components have demonstrated high reliability, attention has centered upon enhancing the reliability of electronic systems. We introduce a modeling framework to support decision-making during electronic systems design with a view to enhancing operational reliability. We...
Persistent link: https://www.econbiz.de/10009459796
The development of complex systems involves a multi-tier supply chain, with each organisation allocated a reliability target for their sub-system or component part apportioned from system requirements. Agreements about targets are made early in the system lifecycle when considerable uncertainty...
Persistent link: https://www.econbiz.de/10009459876
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We propose an empirical service-operation risk-classification model to provide managerial insights to service providers in terms of risk management. The model is developed through an investigation of the dependencies between the characteristics of service operations in consumer services and the...
Persistent link: https://www.econbiz.de/10009459400
The ALARP principle is applied in many areas to regulate the tolerable level of risk. Usually the principle is operationalized by assigning a value per fatality. A cost-benefit analysis is used to trade the expected value of lives saved with the costs of technical measures required to reduce...
Persistent link: https://www.econbiz.de/10009459431
This paper uses data envelopment analysis (DEA) to assess the operational effectiveness of the UK Coastguard (Maritime Rescue) coordination centres over the period 1995-1998. Based on the development of a performance measurement framework that is considerably more realistic and complex than the...
Persistent link: https://www.econbiz.de/10009459496