SOME BAYES ESTIMATES OF LONG-RUN AVAILABILITY IN A TWO-STATE SYSTEM
CARNEGIE-MELLON UNIV PITTSBURGH PA MANAGEMENT SCIENCES RESEARCH GROUP
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The method of Bayesian statistical inference is used to derive estimates of operational parameters in a simple system that can be in one of two states failed, or operative. The sampling plan consists of occasional observations of the system for finite periods snapshop, plus patch sampling. Numerical examples are given.
- Operations Research
- Manufacturing and Industrial Engineering and Control of Production Systems