Stochastic Models in Reliability: v. 41 (Stochastic Modelling and Applied Probability) - Hardcover

Aven, Terje; Jensen, Uwe

 
9780387986333: Stochastic Models in Reliability: v. 41 (Stochastic Modelling and Applied Probability)

Synopsis

A comprehensive up-to-date presentation of some of the classical areas of reliability, based on a more advanced probabilistic framework using the modern theory of stochastic processes. This framework allows analysts to formulate general failure models, establish formulae for computing various performance measures, as well as determine how to identify optimal replacement policies in complex situations.

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About the Author

Terje Aven is a professor of reliability and risk analysis at the Stavanger University College and is also currently an adjunct professor at the University of Oslo.

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