Abstract:SUMMARYIt is well known for complex repairable systems (with as few as four components), regardless of the time-to-failure (TTF) distribution of each component, that the time-between-failures (TBFs) tends toward the exponential. This is a long-term or 'steady-state' property. Aware of this property, many of those modeling such systems tend to base spares provisioning, maintenance personnel availability and other decisions on an exponential TBFs distribution. Such a policy may suffer serious drawbacks. A non-ho… Show more
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