The aim of the present book is to give 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 the analyst to formulate general failure models, establish formulae for computing various performance measures, as well as to determine how to identify optimal replacement policies in complex situations.
This monograph gives a modern presentation of some of the classical areas of reliability using the modern theory of stochastic processes. It will be of interest to researchers and graduate students in probability theory and reliability engineering.
Terje Aven
Stochastic processes maintenance optimization reliability stochastic process
This is an excellent book on mathematical, statistical and stochastic models in reliability. The authors have done an excellent job of unifying some of the stochastic models in reliability. The book is a good reference book but may not be suitable as a textbook for students in professional fields such as engineering.
This book may be used for graduate level seminar courses for students who have had at least the first course in stochastic processes and some knowledge of reliability mathematics. It should be a good reference book for researchers in reliability mathematics.
--Mathematical Reviews