Advances in Decision Sciences
Volume 2006 (2006), Article ID 34506, 11 pages
doi:10.1155/JAMDS/2006/34506

New approximate solutions per unit of time for periodically checked systems with different lifetime distributions

Abstract

Systems with different lifetime distributions, associated with increasing, decreasing, constant, and bathtub-shaped hazard rates, are examined in this paper. It is assumed that a failure is only detected if systems are inspected. New approximate solutions for the inspection period and for the expected duration of hidden faults are presented, on the basis of the assumption that only periodic and perfect inspections are carried out. By minimizing total expected cost per unit of time, on the basis of numerical results and a range of comparisons, the conclusion is drawn that these new approximate solutions are extremely useful and simple to put into practice.