Imperfect repair in degradation processes: A Kijima‐type approach

Waltraud Kahle

Applied Stochastic Models in Business and Industry, 2019, vol. 35, issue 2, 211-220

Abstract: We consider a Wiener process with linear drift for degradation modeling. Regularly, maintenance actions are carried out which produce a reduction of the degradation level. In this paper, we consider the influence of such maintenance actions to the further development of the degradation process and the resulting lifetime distribution. A connection between virtual age in Kijima‐type models and degradation level in the underlying degradation process is developed. Furthermore, estimators for the process parameters as well as for the degree of repair are developed.

Date: 2019
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Citations: View citations in EconPapers (6)

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https://doi.org/10.1002/asmb.2438

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Persistent link: https://EconPapers.repec.org/RePEc:wly:apsmbi:v:35:y:2019:i:2:p:211-220

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