On the preservation of log convexity and log concavity under some classical Bernstein-type operators

AbstractThis paper analyzes the preservation of both the log convexity and the log concavity under certain Bernstein-type operators. Some results are provided for the Bernstein, Szász, Baskakov, the gamma-type and the Weierstrass operators. Probabilistic methods support the proofs of these results

Log-concavity of compound distributions with applications in operational and actuarial models

We establish that a random sum of independent and identically distributed (i.i.d.) random quantities has a log-concave cumulative distribution function (cdf) if (i) the random number of terms in the sum has a log-concave probability mass function (pmf) and (ii) the distribution of the i.i.d. terms has a non-increasing density function (when continuous) or a non-increasing pmf (when discrete). We illustrate the usefulness of this result using a standard actuarial risk model and a replacement model.We apply this fundamental result to establish that a compound renewal process observed during a random time interval has a log-concave cdf if the observation time interval and the inter-renewal time distribution have log-concave densities, while the compounding distribution has a decreasing density or pmf. We use this second result to establish the optimality of a so-called (s, S) policy for various inventory models with a stock-out cost coefficient of dimension [$/unit], significantly generalizing the conditions for the demand and leadtime processes, in conjunction with the cost structure in these models. We also identify the implications of our results for various algorithmic approaches to compute optimal policy parameters. Copyrigh

An study of cost effective maintenance policies: Age replacement versus replacement after N minimal repairs

In this paper we consider the inspection and maintenance of a system under two types of age-dependent failures, revealed minor failures (R) and unrevealed catastrophic failures (U). Periodic inspections every T units of time are carried out to detect U failures, leading to the system replacement when one is discovered. R failures are followed by a minor repair. In addition the system is preventively replaced at MT or after the Nth R failure whichever comes first. The costs of minimal repair and replacement after N minor failures depend on age and history of failures. Non-perfect inspections are assumed, providing false positives when no U failure has happened or false negatives when a U failure is present. The long-run cost per unit of time along with the optimum policy (T*, M*, N*) are obtained. We explore conditions under which both strategies of preventive maintenance are profitable, comparing with suboptimal policies when only one of them is performed. Maintenance of infrastructures illustrates the model conditions

Maintenance of systems with critical components. Prevention of early failures and wear-out

We present a model for inspection and maintenance of a system under two types of failures. Early failures (type I), affecting only a proportion p of systems, are due to a weak critical component detected by inspection. Type II failures are the result of the system ageing and preventive maintenance is used against them. The two novelties of this model are: (1) the use of a defective distribution to model strong components free of defects and thus immune to early failures. (2) the removal of the weak critical part once it is detected with no other type of rejuvenation of the system which constitutes an alternative to the minimal repair. We study the conditions under which this model outperforms, from a cost viewpoint, other two classical age-replacement models. The analysis reveals that inspection is advantageous if the system can function with the critical component in the defective state for a long enough time. The proportion of weak units and the quality of inspections also determine the optimum policy. The results about the range of application of the model are useful for decision making in actual maintenance. A case study concerning the timing belt of a four-stroke engine illustrates the model

On the Decreasing Failure Rate property for general counting process. Results based on conditional interarrival times

In the present paper we consider general counting processes stopped at a random time $T$, independent of the process. Provided that $T$ has the decreasing failure rate (DFR) property, we give sufficient conditions on the arrival times so that the number of events occurring before $T$ preserves the DFR property of $T$. These conditions involve the study of the conditional interarrival times. As a main application, we prove the DFR property in a context of maintenance models in reliability, by the consideration of Kijima type I virtual age models under quite general assumptions

Optimal replacement policy under a general failure and repair model: Minimal versus worse than old repair

We analyze the optimal replacement policy for a system subject to a general failure and repair model. Failures can be of one of two types: catastrophic or minor. The former leads to the replacement of the system, whereas minor failures are followed by repairs. The novelty of the proposed model is that, after repair, the system recovers the operational state but its condition is worse than that just prior to failure (worse than old). Undertrained operators or low quality spare parts explain this deficient maintenance. The corresponding failure process is based on the Generalized Pólya Process which presents both the minimal repair and the perfect repair as special cases. The system is replaced by a new one after the first catastrophic failure, and also undergoes two sorts of preventive maintenance based on age and after a predetermined number of minor failures whichever comes first. We derive the long-run average cost rate and study the optimal replacement policy. Some numerical examples illustrate the comparison between the as bad-as-old and the worse than old conditions