Journal of Statistics Applications & Probability

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This paper deals with the cost analysis of a two identical units parallel system in which no unit is kept as standby. A single repair facility is available in the system to replace the failed one by the new ordered one, if it is not repaired up to a given prefixed time T. The failure, maximum repair, delivery and replacement time distributions of a unit are taken to be negative exponential while as repair time distribution is arbitrary. Using regeneration point technique several characteristics of the system effectiveness are obtained to carry out the profit analysis. At last some particular cases are also discussed.

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