Arya Bhatta Journal of Mathematics and Informatics

  • Year: 2016
  • Volume: 8
  • Issue: 2

Comparative profit analysis of two reliability models with varying demand

  • Author:
  • Gulshan Taneja1, Reetu Malhotra2, Ashok Chitkara3
  • Total Page Count: 10
  • DOI:
  • Page Number: 305 to 314

1Professor, Department of Mathematics, M.D.U, Rohtak, Haryana, 124001-India, E-mail: drgtaneja@gmail.com

2Department of Applied Sciences, Chitkara University, Rajpura, Punjab, 140401-India, reetu.malhotra@chitkarauniversity.edu.in

3Department of Applied Sciences, Chitkara University, Rajpura, Punjab, 140401-India

Online published on 1 August, 2017.

Abstract

The concerned paper analyses the comparison of a single unit system (Model 1) with scheduled maintenance and a two-unit cold standby system (Model 2) where both the units may become operative depending on the demand. The comparison of both systems is done by plotting different graphs between MTSFs (mean time to system failure), steady state availabilities and profit functions. Semi-Markov process and regenerative point technique has been used to analyze both the systems.

Keywords

Single unit system, Scheduled maintenance, Two-unit cold standby, semi-Markov process, Regenerative point technique