Abstract
AbstractIn this paper, we discuss about the hierarchical Bayesian (HB) estimation concerning system reliability for a waste‐to‐energy (WTE) process. The main goal of this approach is to obtain this estimation WTE process reliability under different loss functions related series, parallel, and k‐out‐of‐m systems. In this case, we can drive system outcome by estimating each individual component. It is assumed that components are independent and identically distributed exponential random variables. Properties of the HB estimations under different loss functions are also provided, and comparisons are made between Bayesian and HB estimators via Monte Carlo simulation. The implementation of the proposed procedure was illustrated in detail by employing numerical practical examples extracted from a WTE process at the final part of this paper.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: 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.