Laplace ordering and its applications

Author:

Alzaid Abdulhamid,Kim Jee Soo,Proschan Frank

Abstract

Two arbitrary life distributions F and G can be ordered with respect to their Laplace transforms. We say is Laplace-smaller than for all s > 0. Interpretations of this ordering concept in reliability, operations research, and economics are described. General preservation properties are presented. Using these preservation results we derive useful inequalities and discuss their applications to M/G/1 queues, time series, coherent systems, shock models and cumulative damage models.

Publisher

Cambridge University Press (CUP)

Subject

Statistics, Probability and Uncertainty,General Mathematics,Statistics and Probability

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