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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
Much failure, and other event, data are commonly highly censored. Consequently this limits the efficacy of many statistical analysis techniques. The limited expected value (LEV) function presents an alternative way of characterizing lifetime distributions. In essence the LEV provides a means of...
Persistent link: https://www.econbiz.de/10009459503
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