Abstract
In this paper, a single-unit system is analyzed stochastically in detail giving warranty for repair. The cost of repair during warranty period is borne by the manufacturers. There is a single server who always remains with the system. The time to failure of the system follows negative exponential distribution while repair time distribution is taken as arbitrary. To carry out cost-benefit analysis, the expressions for some measures of system effectiveness such as reliability, mean time to system failure (MTSF), availability are derived using supplementary variable technique. The numerical results for reliability and profit function are obtained for particular values of various parameters and costs.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
