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Probability bounds on downtimes

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  • Patrick L. Brockett
  • Melvin Hinich

Abstract

In this article we consider obtaining probability distributions for total downtime incurred for n units when we have only partial moment information about the downtime distribution per individual failure. Extremal distributions based upon the Markov‐Krein Theorem for Chebychev systems of functions and maximum entropy of distributions are presented.

Suggested Citation

  • Patrick L. Brockett & Melvin Hinich, 1985. "Probability bounds on downtimes," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 32(2), pages 329-335, May.
    • Handle: RePEc:wly:navlog:v:32:y:1985:i:2:p:329-335
    DOI: 10.1002/nav.3800320212
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