Abstract
This paper considers a problem of determining the optimal number of units for a parallel redundant system. The optimal number N∗ to minimize the expected cost is given by a unique solution of equations. When the system is replaced before failure at time T, the optimal N∗ and T∗ are discussed, and a computing procedure for obtaining these values is specified.
Publisher
Cambridge University Press (CUP)
Subject
Statistics, Probability and Uncertainty,General Mathematics,Statistics and Probability
Cited by
30 articles.
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