Seminar at SMU Delhi

April 27, 2011 (Wednesday) , 3:30 PM at Webinar
Speaker: Isha Dewan, Indian Statistical Institute, Delhi
Title: Modeling opportunistic maintenance and repair as competing risks
Abstract of Talk
Consider a system in continuous operation. It gives signals each time its deteri- oration state worsens. The signals provide insight into the condition of the system, which the operator/maintenance staff uses in order to plan preventive maintenance. Assume that maintenance occurs at the first opportunity after a critical degradation signal is observed. We propose a Signal Model for studying the life of the system time by taking into account the signals, the rate of opportunities for maintenance, and the competition between maintenance and failure.