Lévy Processes and Their Applications in Reliability and Storage

Beschreibung

This book covers Lévy processes and their applications in the contexts of reliability and storage. Special attention is paid to life distributions and the maintenance of devices subject to degradation; estimating the parameters of the degradation process is also discussed, as is the maintenance of dams subject to Lévy input.
This book covers Lévy processes and their applications in the contexts of reliability and storage. Special attention is paid to life distributions and the maintenance of devices subject to degradation; estimating the parameters of the degradation process is also discussed, as is the maintenance of dams subject to Lévy input.
Provides a concise and comprehensive account of Lévy processes Clearly discusses applications of Lévy processes in reliability, with special attention to life distributions and the maintenance of devices subject to degradation, as well estimating the parameters of the degradation process Discusses applications of Lévy processes in storage, with special emphasis on monitoring dams subject to Lévy input Includes supplementary material: sn.pub/extras

Autor*in

Mohamed Abdel-Hameed

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60K10, 60K20 Lévy processes degradation processes estimation of parameters of degradation processes maintenance of dams subject to Lévy input maintenance policies

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From the book reviews:

“This is a short book and contains three chapters only. Each chapter can be seen as a review article on a specific topic. … it can be recommended as a quick introduction to reliability and storage analysis using Lévy processes.” (Enrico Scalas, Mathematical Reviews, February, 2015)

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