Abstract

With the increasing awareness and desire of consumers to have the best product in terms of product features like reliability, hazard rate etc., large number of equipments/systems in the market are, nowadays, facing hard competition to attract the attention of the targeted clients. In such situations, it is in the interest of the producers to attach some guarantee to the performance of the equipments/systems when these are tested or subjected to some stresses for their abilities to perform the intended functions. Thus, in the present paper, we, at first, consider the concept of re-modeling the stress-strength reliability model, Pr[X > Y], in the light of guaranteed strength and the at least stresses that are faced. Secondly, the re-modeled stress-strength reliability model has been analyzed both in the classical and Bayesian set-ups.

Author: K. K. Sharma, Bhupendra Singh and Shubhi Rathi

Received on: January, 2008

Accepted on: May, 2010