On bounds for some optimal policies in reliability Article

Mi, J. (2002). On bounds for some optimal policies in reliability . JOURNAL OF APPLIED PROBABILITY, 39(3), 491-502. 10.1239/jap/1034082122

cited authors

  • Mi, J

authors

abstract

  • Often in the study of reliability and its applications, the goal is to maximize or minimize certain reliability characteristics or some cost functions. For example, burn-in is a procedure used to improve the quality of products before they are used in the field. A natural question which arises is how long the burn-in procedure should last in order to maximize the mean residual life or the conditional survival probability. In the literature, an upper bound for the optimal burn-in time is obtained by assuming that the underlying distribution of the products has a bathtub-shaped failure rate function; however, no lower bound is available. A similar question arises in studying replacement policy, warranty policy, and inspection models. This article gives a lower bound for the optimal burn-in time, and lower and upper bounds for the optimal replacement and warranty policies, under the same bathtub-shape assumption.

publication date

  • September 1, 2002

published in

Digital Object Identifier (DOI)

start page

  • 491

end page

  • 502

volume

  • 39

issue

  • 3