A comparison of several estimates of availability

M. Mazumdar

Naval Research Logistics Quarterly, 1982, vol. 29, issue 3, 411-418

Abstract: We compare several competing estimates of the availability of a system which alternates between two states, “up” and “down,” in accordance with an alternating renewal process. Both interval and point estimators are compared under several special but representative situations. The comparison reaffirms the validity and robustness of the log‐logistic jackknifed estimates. However, when the point estimates are compared from the intrinsic criterion of probability of concentration, the uniformly minimum variance estimate obtained for the Markov model performs very well.

Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:29:y:1982:i:3:p:411-418

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