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- W2000735303 abstract "In reliability engineering, component importance measures are used to prioritise components in a system for purposes such as reliability improvement and maintenance planning. Existing importance measures have paid little attention to the costs incurred by maintaining a system and its components within a given time period. Cost-effectiveness analysis, however, is critically important in increasingly competitive markets. This paper proposes a new cost-based importance measure which considers costs incurred by maintaining a system and its components within a finite time horizon. Possible extensions are discussed and examples are given to show the use of the new measure." @default.
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- W2000735303 date "2013-02-01" @default.
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- W2000735303 title "A cost-based importance measure for system components: An extension of the Birnbaum importance" @default.
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- W2000735303 doi "https://doi.org/10.1016/j.ejor.2012.09.034" @default.
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