Renewal and nonhomogeneous Poisson processes generated by distributions with periodic failure rate

Stefanka Chukova, Boyan N. Dimitrov, José Garrido

Research output: Contribution to journalArticlepeer-review

Abstract

Two renewal processes, known in reliability maintenance as minimal repair and replacement policy, are considered. Their properties are studied in the case where the generating random sequence has a distribution with periodic failure rate. A characterization theorem establishes necessary and sufficient conditions for a non-stationary Poisson process to have a periodic failure rate. Applications in risk theory are shown.
Original languageAmerican English
JournalStatistics and Probability Letters
Volume17
DOIs
StatePublished - May 3 1993

Disciplines

  • Mathematics

Cite this