Title
Load-sharing system model and its application to the real data set
Abstract
This study deals with the classical and Bayesian estimation of the parameters of a k-components load-sharing parallel system model in which each component's lifetime follows Lindley distribution. Initially, the failure rate of each of the k components in the system is h(t,@q"1) until the first component failure. However, upon the first failure within the system, the failure rates of the remaining (k-1) surviving components change to h(t,@q"2) and remain the same until next failure. After second failure, the failure rates of (k-2) surviving components change to h(t,@q"3) and finally when the (k-1)th component fails, the failure rate of the last surviving component becomes h(t,@q"k). In classical set up, the maximum likelihood estimates of the load share parameters, system reliability and hazard rate functions along with their standard errors are computed. 100x(1-@c)% confidence intervals and two bootstrap confidence intervals for the parameters have also been constructed. Further, by assuming Jeffrey's invariant and gamma priors of the unknown parameters, Bayes estimates along with their posterior standard errors and highest posterior density credible intervals of the parameters are obtained. Markov Chain Monte Carlo technique such as Metropolis-Hastings algorithm has been utilized to generate draws from the posterior densities of the parameters.
Year
DOI
Venue
2012
10.1016/j.matcom.2012.02.010
Mathematics and Computers in Simulation
Keywords
Field
DocType
parallel system model,k component,next failure,load-sharing system model,highest posterior density,hazard rate function,component failure,posterior density,th component,system reliability,failure rate,metropolis hastings algorithm
Markov chain Monte Carlo,Metropolis–Hastings algorithm,Failure rate,Invariant (mathematics),Confidence interval,Statistics,Prior probability,Bayes estimator,Mathematics,Bayes' theorem
Journal
Volume
Issue
ISSN
82
9
0378-4754
Citations 
PageRank 
References 
10
0.89
6
Authors
2
Name
Order
Citations
PageRank
Bhupendra Singh1355.44
Puneet Gupta21158117.59