• New Age Stochastic Methods in Reliability Theory New Age Stochastic Methods in Reliability Theory

New Age Stochastic Methods in Reliability Theory

Product Code : 9788122400823

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The primary objective of this book is to present the analysis of repairable systems in the area of reliability theory under a unified framework of stochastic processes. An attempt has been made here to provide a systematic treatment of repairable systems starting with elementary situations to fairly advanced models. A conscious choice has been made in unfolding the main concepts in the analysis of redundant repairable systems rather than an attempt to present all the reported research in the area. The book is organised in 10 chapters. The first two chapters provided the background information for this work. Chapters 3 and 4 deal with Markonian models. The next module is on the application of renewal theory and its extensions. This is followed by a chapter on Monto Carlo simulation. Yet another chapter discusses the relevance and interconnections of reliability system with other areas like inventory and queueing models. The final chapter provides a survey of the methods used in the book in the context of a special system.

The book can be used as a resource material for a graduate course on reliability theory with special emphasis on stochastic process. The material in the book can also be used as a sound supporting material for graduate courses in applied stochastic process. It is hoped that the material presented here would enable the reliability researchers and practitioners to obtain a complete picture on the state of art, and hence would serve as a meaningful basis for further research.


  1. Preliminaries

  2. Elements of Stochastic Processes

  3. Markovian Systems

  4. Extended Markov Models

  5. Applications of Renewal Theory

  6. Semi-Markov Models

  7. Stochastic Point Process in Reliability Theory

  8. Special Methods in Reliability Theory

  9. Monto Carlo Method in Reliability Analysis

  10. Two-unit Parallel Redundant System—A Review

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Brand / Publisher New Age International
Return Policy 15 Days
Edition 2015
ISBN 9788122400823
Author N. Ravichandran
Language English
Board CBSE
Class KinderGarten
Study Stream Arts
Subject Mathematics
Chapters 10
Pages 210
Binding Paperback


Brand Information

New Age Established in 1966, New Age International Publishers is the market leader in educational books and is now ranked among leading publishing houses bringing out professional and college level textbooks in Commerce & Management, Science & Technology and Medical Sciences. Our current list includes 1500+ titles mainly in STM, which has earned the trust of educators and students alike. Because of our commitment to accuracy, integrity, authenticity and excellence, our books spanning the post secondary learning spectrum from college to career making professional level have transformed NEW AGE into a brand name.


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