EconPapers    
Economics at your fingertips  
 

Optimal allocation policy of one redundancy in a n-component series system

Peng Zhao, Yiying Zhang and Jianbin Chen

European Journal of Operational Research, 2017, vol. 257, issue 2, 656-668

Abstract: It is of great importance to optimize system performance by allocating redundancies in a coherent system in reliability engineering and system security. In this paper, we focus on the problem of how to optimally allocate one active [standby] redundancy in a n-component series system in the sense of stochastic ordering. For the active case, it is showed that allocating the redundancy to the relatively weaker component leads to longer system’s lifetime in the likelihood ratio and reversed hazard rate orders, respectively. For the standby case, we show that the redundancy should be allocated to the weakest component of the series system in the likelihood ratio order. Based on these results, two optimal allocation policies are proposed. Also, some numerical examples are presented to explicate the theoretic results established here.

Keywords: Optimal allocation; Active redundancy; Standby redundancy; Series system; Proportional hazard rates model; Stochastic orders (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221716306105
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:257:y:2017:i:2:p:656-668

DOI: 10.1016/j.ejor.2016.07.055

Access Statistics for this article

European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:ejores:v:257:y:2017:i:2:p:656-668