Innovative approaches for addressing old challenges in component importance measures

Claudio M. Rocco S. and Jose Emmanuel Ramirez-Marquez

Reliability Engineering and System Safety, 2012, vol. 108, issue C, 123-130

Abstract: Importance measures (IM) are component related indices that allow assessing how a component in a system affects one or more system level performance functions. While several IM have been presented in the literature, challenges still remain with respect to the following: (1) multiple ranking—multiple perspective, (2) multi-component importance and, (3) multi-function importance. To address these challenges, this paper proposes set of innovative solutions based on several available techniques: Hasse diagram, Copeland score and Multi-objective optimization. As such, the purpose of this research is twofold: first propose solutions and second foster new research to address these challenges. Each of the proposed solutions is exemplified with a working example.

Keywords: Importance measures; Hasse diagram; Copeland score; Multi-objective optimization (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:108:y:2012:i:c:p:123-130

DOI: 10.1016/j.ress.2012.05.009

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