Discrete-Time Markov Chains in Reliability Analysis-Case Study

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27240%2F12%3A86084873" target="_blank" >RIV/61989100:27240/12:86084873 - isvavai.cz</a>
Result on the web
<a href="http://link.springer.com/chapter/10.1007%2F978-3-642-33018-6_43" target="_blank" >http://link.springer.com/chapter/10.1007%2F978-3-642-33018-6_43</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/978-3-642-33018-6_43" target="_blank" >10.1007/978-3-642-33018-6_43</a>

Result language
angličtina
Original language name
Discrete-Time Markov Chains in Reliability Analysis-Case Study
Original language description
The paper presents reliability analysis drawn up for an industrial firm. The main goal of this paper is to estimate the probability of firms failure to satisfy an order to its industrial partners. The second aim is to quantify expected value of amount ofmanufactured products for specific time period. Discrete Markov chains- well-known method of stochastic modelling describes the issue. The method is suitable for many systems occurring in practice where we can easily distinguish various amount of states. The disadvantage of Markov chains is that the amount of computations usually increases rapidly with the amount of states. The Monte Carlo method was implemented to deal with the problem. Chebyshev's inequality was applied to estimate sufficient numberof simulations.
Czech name
—
Czech description
—

Project
<a href="/en/project/TA02011179" target="_blank" >TA02011179: New methods for assessing levels of material damage when estimating the residual lifespan of structures</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Similar results(10)