Economic Analysis of a Warm Standby System with Single Server
Journal Title: International Journal of Mathematics and Statistics Invention - Year 2018, Vol 6, Issue 5
Abstract
The main aim of the present paper is to determine economic analysis of a warm standby system of non-identical units by using Semi-Markov process and regenerative point technique. There are two units in the system–one (main) unit is initially operational and the second (duplicate) unit in warm standby. A single repair facility is provided to the system immediately to rectify the faults. The units work as new after repair. Each unit has operative and complete failure modes. The random variables associated with failure and repair times are statistically independent. Graphs are drawn to depict the behavior of some important economic measures such as MTSF, availability and profit for arbitrary values of the parameters.
Authors and Affiliations
Ashok Kumar, Dheeraj Pawar, S. C. Malik
Keywords
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