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In this paper, the problem of reliability-based periodic preventive maintenance (PM) planning for systems with deteriorating components has been considered. The objective is to maintain a certain level of reliability with minimal total maintenance related cost. In the proposed approach, the planning horizon is divided into pre-specified inspection periods.(More)
In this paper, an extension of record models, well known as k-records, is considered. Bayesian estimation as well as prediction based on k-records are presented when the underlying distribution is assumed to have a general form. The proposed procedure is applied to the Exponential, Weibull and Pareto models in one parameter case. Also, the two-parameter(More)
In this paper, the likelihood ratio approach is applied for measuring evidence provided by record data in favor of a hypothesis against an alternative under a random sampling scheme. Explicit expressions for probabilities of observing strong and weak evidences are derived. Asymptotic behaviors of these probabilities are investigated in a greater detail.(More)
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