Minimum Cost Systems with Specified Reliability

@article{Aggarwal1977MinimumCS,
  title={Minimum Cost Systems with Specified Reliability},
  author={K. K. Aggarwal},
  journal={IEEE Transactions on Reliability},
  year={1977},
  volume={R-26},
  pages={166-167}
}
A method is presented for allocating reliability to each unit of a system with a view to minimizing the system cost. The practical utility of this method, as well as other methods, depends heavily on the availability of cost-reliability data for the 1 constituent units. Unfortunately, for most components such data are not readily available. There is a need for manufacturers and users to make these data available to reliability theoreticians so that the derived results are usefully applied to… CONTINUE READING

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