Abstract
Recent developments for statistical analysis of component failure data are discussed covering the use of median ranks for censored and uncensored data and the associated use of concomitant variables for reliability prediction. Once the failure pattern of a component has been identified its use in setting preventive replacement schedules is covered including both block and age replacement and the use of Glasser’s graphs when a component’s failure distribution is Weibull.
At the system level the use of interactive computing is highlighted as a useful means of compensating relatively easily for uncertainties about the effect that factors such as inflation, tax, and operating cost trends have on the economic life of capital equipment.
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References
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© 1983 Springer-Verlag Berlin Heidelberg
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Jardine, A.K.S. (1983). Component and System Replacement Decisions. In: Skwirzynski, J.K. (eds) Electronic Systems Effectiveness and Life Cycle Costing. NATO ASI Series, vol 3. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-82014-4_35
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DOI: https://doi.org/10.1007/978-3-642-82014-4_35
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-82016-8
Online ISBN: 978-3-642-82014-4
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