Development of a new reliability prediction model for predicting the reliability of repairable products
Yi-Hui Liang
International Journal of Product Development, 2009, vol. 7, issue 3/4, 218-230
Abstract:
An accurate product reliability prediction model can not only predict and track the product's reliability and operational performance, but also offer useful information for managers to take follow-up actions to improve the product quality and cost. The time series decomposition approach is widely used for prediction, but is not used for reliability prediction. This study proposes a new method for predicting the reliability of repairable products. The novel method constructs a predictive model by employing the time series decomposition approach. Finally, one real case study is presented to illustrate the feasibility of the proposed method.
Keywords: repairable products; time series decomposition; reliability prediction; modelling; product reliability; product performance; product quality. (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpdev:v:7:y:2009:i:3/4:p:218-230
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