Browsing by Author "Vasquez CA"

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    Bayesian estimation of the limiting availability in a repairable one-unit system
    (Facultad de Ciencias. Departamento de Estadística, Universidad Nacional de Colombia (Sede Bogotá), 1/01/2019) Vasquez CA; Salinas-Torres VH; Romeo Nunez J
    This work presents a Bayesian approach for estimating the limiting availability of an one-unit repairable system. A Bayesian analysis is developed considering an informative prior and a less informative prior distribution, respectively. Simulations are presented to study the performance of the Bayesian solutions. The maximum likelihood method is also revisited. Finally, a case study is considered, the Bayesian methodology is applied to estimate the limiting availability of a palletizer, which is used in the packaging of glass bottles. Extensions to a coherent system are also discussed.