A Note on Closure Properties of Failure Rate Distributions

Anand Paul ()
Additional contact information
Anand Paul: Department of Decision and Information Sciences, Warrington College of Business, University of Florida, 351 Stuzin Hall, P.O. Box 117169, Gainesville, Florida 32611

Operations Research, 2005, vol. 53, issue 4, 733-734

Abstract: Increasing generalized failure rate (IGFR) distributions were introduced as a tool in the study of contracting mechanisms in supply chains. In this note, we compare and contrast the closure—and the lack thereof—of IGFR and increasing failure rate (IFR) distributions with respect to standard operations on random variables. Some implications of these results for the use of IGFR distributions in supply chain models are noted.

Keywords: inventory/production:stochastic models; probability:distributions (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://dx.doi.org/10.1287/opre.1040.0206 (application/pdf)

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:inm:oropre:v:53:y:2005:i:4:p:733-734

Access Statistics for this article

More articles in Operations Research from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().