Bounds on the availability function

Richard W. Butterworth and Tor Nikolaisen

Naval Research Logistics Quarterly, 1973, vol. 20, issue 2, 289-296

Abstract: This paper gives bounds on the availability function for an alternating renewal process with exponential failure and general repair times. A bound on the error is also given. Several of the bounds with greatest practical consequence are worked out and illustrated. Repair distributions for which a lower bound on availability is easily computed are gamma (integer shape parameter), log normal, and Weibull. Finally, some simulation results for log normal repair versus gamma repair are given.

Date: 1973
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:20:y:1973:i:2:p:289-296

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