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On random age and remaining lifetime for populations of items

Authors :
Maxim Finkelstein
James W. Vaupel
Source :
Applied Stochastic Models in Business and Industry. 31:681-689
Publication Year :
2014
Publisher :
Wiley, 2014.

Abstract

We consider items that are incepted into operation having already a random initial age and define the corresponding remaining lifetime. We show that these lifetimes are identically distributed when the age distribution is equal to the equilibrium distribution of the renewal theory. Then we develop the population studies approach to the problem and generalize the setting in terms of stationary and stable populations of items. We obtain new stochastic comparisons for the corresponding population ages and remaining lifetimes that can be useful in applications. Copyright © 2014 John Wiley & Sons, Ltd.

Details

ISSN :
15241904
Volume :
31
Database :
OpenAIRE
Journal :
Applied Stochastic Models in Business and Industry
Accession number :
edsair.doi...........209282eb524a72c913684b98b29cc4e4
Full Text :
https://doi.org/10.1002/asmb.2073