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On bounds for some optimal policies in reliability

Published online by Cambridge University Press:  14 July 2016

Jie Mi*
Affiliation:
Florida International University and Anhui University
*
Postal address: Department of Statistics, Florida International University, University Park, Miami, FL 33199, USA. Email address: [email protected]

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.

Type
Research Papers
Copyright
Copyright © Applied Probability Trust 2002 

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