DocumentCode
1229356
Title
Economics Dictates Reliability
Author
James, L. N. St.
Author_Institution
Bell Telephone Laboratories, Whippany, N. J.
Volume
2
Issue
2
fYear
1964
fDate
4/1/1964 12:00:00 AM
Firstpage
308
Lastpage
311
Abstract
The concept of an adequate system is introduced as the lowest total cost system that will do what is expected of it whenever called upon. The minimization of total cost requires that the system use the lowest failure rate parts currently available, that it make full use of these parts and that it have an availability approaching unity. It is suggested that adequate systems are likely to be obtained only if procured on a Total Annual Cost Basis.
Keywords
Building materials; Cost function; Earth; Humans; Laboratories; Maintenance; Missiles; Reliability; Telephony; Weapons;
fLanguage
English
Journal_Title
Aerospace, IEEE Transactions on
Publisher
ieee
ISSN
0536-1516
Type
jour
DOI
10.1109/TA.1964.4319603
Filename
4319603
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