Dependent Competing-Risk Degradation Systems

Yaping Wang and Hoang Pham ()
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Yaping Wang: Rutgers University
Hoang Pham: Rutgers University

A chapter in Safety and Risk Modeling and Its Applications, 2011, pp 197-218 from Springer

Abstract: Abstract The failure of many units or systems, such as components, parts, machines, can be generally classified into two kinds of failure modes: one is catastrophic failure in which units break down by some sudden external shocks; the other is degradation failure in which units fail to function due to the physical deterioration. There are a great number of such cases for this kind of competing failure modes in our real life.

Keywords: Preventive Maintenance; Lifetime Distribution; Shock Model; Copula Model; Maintenance Policy (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1007/978-0-85729-470-8_7

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