A suggestion of a new measure of importance of system components

Bent Natvig

Stochastic Processes and their Applications, 1979, vol. 9, issue 3, 319-330

Abstract: In this paper we suggest a new measure of the importance of a component in a coherent system and derive some of its properties. The measure is for the case of components not undergoing repair proportional to the expected reduction in the remaining system life-time due to the failure of the component. This measure seems to be a useful guide during the system development phase as to which components should receive the most urgent attention in order to increase the system's expected life-time. The properties of the measure are compared with the ones of a measure suggested by Barlow and Proschan [1].

Keywords: Coherent; structure; component; importance; structural; importance; min; cuts (search for similar items in EconPapers)
Date: 1979
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Citations: View citations in EconPapers (21)

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