2015
DOI: 10.5815/ijem.2015.01.03
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Risk Based Ranking Using Component Cost Importance Measure

Abstract: The present day systems are increasing in complexity in terms of both the size and functionality. Also society demands these systems to be ultra-reliable. Reliability evaluation and optimization techniques play a major role in these regards. However reliability evaluation & optimization techniques do not give any idea about maintenance, risk involved and related cost incurred and criticality of system components or subsystems. Important measures (IM) exist in literature that identify the weak components i.e cr… Show more

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Cited by 2 publications
(3 citation statements)
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References 14 publications
(10 reference statements)
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“…Each component has its worth in the system. The arrangement of the components in order of their importance is done using the knowledge of component importance measures [23]. These importance measures help in evaluating the role of each component, such that to improve the system reliability, the methods of redundancy could be applied on strong components before the weaker one.…”
Section: B Component Importance Measuresmentioning
confidence: 99%
See 1 more Smart Citation
“…Each component has its worth in the system. The arrangement of the components in order of their importance is done using the knowledge of component importance measures [23]. These importance measures help in evaluating the role of each component, such that to improve the system reliability, the methods of redundancy could be applied on strong components before the weaker one.…”
Section: B Component Importance Measuresmentioning
confidence: 99%
“…This property has led to the development of the resilience-based component importance measure [7]. Also, the significance of any component also depends its cost factor, well explained in [16] [23]. Ref.…”
Section: Introductionmentioning
confidence: 99%
“…A new CIM (NCIM) with the similar notations which is numerically easy to calculate and gives the required ranking of components proposed in [12] can be described as. In simple cascading architecture of SAS each Ethernet switch is connected through one of its harbour.…”
Section: Cost Importance Measuresmentioning
confidence: 99%