International Society of Science and Applied Technologies |
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Populations′ Studies Approach to Describing Age and Remaining Lifetime for Populations of Manufactured Items | ||||
Author | Maxim Finkelstein
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Abstract | We consider items that are incepted into operation having already a random (initial) age and define the corresponding remaining lifetime. We show that these random variables are identically distributed when the age distribution is equal to the equilibrium distribution of the renewal theory. Then we consider real populations of items that were incepted into operation at different instants of time and obtain some useful inequalities between the population age and the remaining lifetime using reasoning similar to that employed in population studies. We also discuss the aging properties of populations using different stochastic orders.
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Keywords | Random age, Remaining lifetime, Equilibrium distribution, production rate | |||
Article #: 22020 |
August 4-6, 2016 - Los Angeles, California, U.S.A. |