Inspection Procedures when Failure Symptoms Are Delayed
Bhaskar Sengupta
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Bhaskar Sengupta: State University of New York, Stony Brook, New York
Operations Research, 1980, vol. 28, issue 3-part-ii, 768-776
Abstract:
A system fails at time T but does not display any symptoms of failure until time T + S ; both T and S are random variables. Detection of failure is possible either because the system displays symptoms of failure or by means of an inspection before the appearance of symptoms. A cost c is associated with each inspection and a cost-rate v is incurred after failure until detection. For a restricted class of failure densities, the inspection procedure that minimizes the total expected cost can be found by means of an iterative algorithm.
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:28:y:1980:i:3-part-ii:p:768-776
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