International Journal of Reliability and Applications
- Volume 1 Issue 1
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- Pages.81-87
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- 2000
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- 1598-0073(pISSN)
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- 2283-8914(eISSN)
Parametric Estimation of a Renewal Function
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Jeong, Hai-Sung
(Department of Applied Statistics Seowon University) ;
- Na, Myung-Hwan (Department of Naval Architecture and Ocean Engineering Chosun University)
- Published : 2000.06.01
Abstract
One of the most important quantities in reliability theory is the expected number of renewals of a system during a given interval. This quantity, the renewal function, is used to determine the optimal preventive maintenance policy and to estimate the cost of a warranty. In this paper we study a parametric approach for a renewal function. The simulation study is presented to compare the relative performance of the introduced estimators of a renewal function. And we show that the proposed parametric estimator performs well.