Approach for Analysis of Components Failure Rate Used for System Maintenance and Risk Decision Making

Authors

Stefan Panic
Faculty of Natural Science and Mathematics, University of Pristina, 38220, Kosovska Mitrovica, Serbia
Vera Petrovic
The School of Electrical and Computer Engineering of Applied Studies, Belgrade, Serbia
Milosevic Hranislav
Faculty of Natural Science and Mathematics, University of Pristina, 38220, Kosovska Mitrovica, Serbia
Natasa Kontrec
Faculty of Natural Science and Mathematics, University of Pristina, Kosovska Mitrovica, Serbia
Olga Taseiko
Reshetnev Siberian State University of Science and Technology, 660037, Krasnoyarsk, Russia
DOI: https://doi.org/10.21467/abstracts.93.24

Synopsis

Reliability, numbers of spare parts and repair time have major impact on system’s availability. In this chapter we have observed a repairable system under maintenance contract. Maintenance contracts serve to improve system’s availability and they have been studied extensively in recent times. These studies showed that inventory level does not impact system’s availability as much as component reliability, failure time and repair time in a system operating under maintenance contracts. Thus, this paper aims to set a framework for repair rate by emphasizing its stochastic nature.

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Publication
Abstracts of The Second Eurasian RISK-2020 Conference and Symposium
PDF
Published
April 12, 2020
Series
AIJR Abstracts
Copyright (c) 2020 held by the author(s) of the individual abstract
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