Title :
A System Reliability with Pay-Offs
Author :
Singh, N. ; Kumar, Santosh
Author_Institution :
Department of Mathematics, Monash University, Clayton, Vic. 3168, Australia.
fDate :
5/1/1972 12:00:00 AM
Abstract :
A mathematical model incorporating pay-offs in a reliability context has been developed. This idea is of interest when systems are highly reliable but the risk involved with the associated unreliability is equally great. A numerical example illustrates the procedure.
Keywords :
Availability; Blast furnaces; Laplace equations; Loss measurement; Mathematical model; Power generation; Power system reliability; Power system security; Reliability engineering; Weight measurement;
Journal_Title :
Reliability, IEEE Transactions on
DOI :
10.1109/TR.1972.5215957
