IDEAS home Printed from https://ideas.repec.org/a/eee/reensy/v165y2017icp102-114.html
   My bibliography  Save this article

A confidence-based approach to reliability design considering correlated failures

Author

Listed:
  • Fiondella, Lance
  • Lin, Yi-Kuei
  • Pham, Hoang
  • Chang, Ping-Chen
  • Li, Chendong

Abstract

To maintain a competitive edge, technology manufacturers must produce systems that are reliable enough to satisfy customers yet cheap enough to engineer so that they are profitable. This paper presents an optimization model to maximize the statistical confidence in product profitability, permitting flexibility in the design and number of the units manufactured. This is unlike traditional approaches, which focus on the two cases that optimize the reliability of a single unit or the s-expected profit obtained from a very large number of units. These two extremes disregard a practical concern, namely the negative impact that a larger than s-expected number of failures will exert on product profitability. This paper formulates an optimization problem to mitigate this risk. Virtually all reliability optimization problems also assume that component failures are s-independent. The present paper does not impose this assumption. The utility of the approach is demonstrated through a series of examples which compare the reliability of systems designed with and without the assumption of s-correlated component failures. The results indicate that explicitly considering s-correlation consistently mitigates the risk to profitability more effectively than the same method when component failures are assumed to be s-independent.

Suggested Citation

  • Fiondella, Lance & Lin, Yi-Kuei & Pham, Hoang & Chang, Ping-Chen & Li, Chendong, 2017. "A confidence-based approach to reliability design considering correlated failures," Reliability Engineering and System Safety, Elsevier, vol. 165(C), pages 102-114.
  • Handle: RePEc:eee:reensy:v:165:y:2017:i:c:p:102-114
    DOI: 10.1016/j.ress.2017.03.025
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0951832016301600
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.ress.2017.03.025?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Fred Glover, 1989. "Tabu Search---Part I," INFORMS Journal on Computing, INFORMS, vol. 1(3), pages 190-206, August.
    2. Jose A. Lopez, 1996. "Regulatory Evaluation of Value-at-Risk Models," Center for Financial Institutions Working Papers 96-51, Wharton School Center for Financial Institutions, University of Pennsylvania.
    3. Guilani, Pedram Pourkarim & Azimi, Parham & Niaki, S.T.A. & Niaki, Seyed Armin Akhavan, 2016. "Redundancy allocation problem of a system with increasing failure rates of components based on Weibull distribution: A simulation-based optimization approach," Reliability Engineering and System Safety, Elsevier, vol. 152(C), pages 187-196.
    4. Ogryczak, Wlodzimierz & Ruszczynski, Andrzej, 1999. "From stochastic dominance to mean-risk models: Semideviations as risk measures," European Journal of Operational Research, Elsevier, vol. 116(1), pages 33-50, July.
    5. Chatwattanasiri, Nida & Coit, David W. & Wattanapongsakorn, Naruemon, 2016. "System redundancy optimization with uncertain stress-based component reliability: Minimization of regret," Reliability Engineering and System Safety, Elsevier, vol. 154(C), pages 73-83.
    6. Richard Bellman, 1957. "On a Dynamic Programming Approach to the Caterer Problem--I," Management Science, INFORMS, vol. 3(3), pages 270-278, April.
    7. Khalili-Damghani, Kaveh & Amiri, Maghsoud, 2012. "Solving binary-state multi-objective reliability redundancy allocation series-parallel problem using efficient epsilon-constraint, multi-start partial bound enumeration algorithm, and DEA," Reliability Engineering and System Safety, Elsevier, vol. 103(C), pages 35-44.
    8. Marseguerra, M. & Zio, E. & Martorell, S., 2006. "Basics of genetic algorithms optimization for RAMS applications," Reliability Engineering and System Safety, Elsevier, vol. 91(9), pages 977-991.
    9. Zhu, Wenjin & Fouladirad, Mitra & Bérenguer, Christophe, 2016. "A multi-level maintenance policy for a multi-component and multifailure mode system with two independent failure modes," Reliability Engineering and System Safety, Elsevier, vol. 153(C), pages 50-63.
    10. Lai, Chyh-Ming & Yeh, Wei-Chang, 2016. "Two-stage simplified swarm optimization for the redundancy allocation problem in a multi-state bridge system," Reliability Engineering and System Safety, Elsevier, vol. 156(C), pages 148-158.
    11. Fred Glover, 1990. "Tabu Search—Part II," INFORMS Journal on Computing, INFORMS, vol. 2(1), pages 4-32, February.
    12. Rockafellar, R. Tyrrell & Uryasev, Stanislav, 2002. "Conditional value-at-risk for general loss distributions," Journal of Banking & Finance, Elsevier, vol. 26(7), pages 1443-1471, July.
    13. Taboada, Heidi A. & Baheranwala, Fatema & Coit, David W. & Wattanapongsakorn, Naruemon, 2007. "Practical solutions for multi-objective optimization: An application to system reliability design problems," Reliability Engineering and System Safety, Elsevier, vol. 92(3), pages 314-322.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wróbel, Krzysztof & Montewka, Jakub & Kujala, Pentti, 2018. "Towards the development of a system-theoretic model for safety assessment of autonomous merchant vessels," Reliability Engineering and System Safety, Elsevier, vol. 178(C), pages 209-224.
    2. Chang, Ping-Chen & Lin, Yi-Kuei & Chiang, Yu-Min, 2019. "System reliability estimation and sensitivity analysis for multi-state manufacturing network with joint buffers––A simulation approach," Reliability Engineering and System Safety, Elsevier, vol. 188(C), pages 103-109.
    3. Salimi, F. & Vahdani, Behnam, 2018. "Designing a bio-fuel network considering links reliability and risk-pooling effect in bio-refineries," Reliability Engineering and System Safety, Elsevier, vol. 174(C), pages 96-107.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cazzaro, Davide & Fischetti, Martina & Fischetti, Matteo, 2020. "Heuristic algorithms for the Wind Farm Cable Routing problem," Applied Energy, Elsevier, vol. 278(C).
    2. Huang, Yeran & Yang, Lixing & Tang, Tao & Gao, Ziyou & Cao, Fang, 2017. "Joint train scheduling optimization with service quality and energy efficiency in urban rail transit networks," Energy, Elsevier, vol. 138(C), pages 1124-1147.
    3. B Dengiz & C Alabas-Uslu & O Dengiz, 2009. "Optimization of manufacturing systems using a neural network metamodel with a new training approach," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 60(9), pages 1191-1197, September.
    4. S-W Lin & K-C Ying, 2008. "A hybrid approach for single-machine tardiness problems with sequence-dependent setup times," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(8), pages 1109-1119, August.
    5. Joseph B. Mazzola & Robert H. Schantz, 1997. "Multiple‐facility loading under capacity‐based economies of scope," Naval Research Logistics (NRL), John Wiley & Sons, vol. 44(3), pages 229-256, April.
    6. Abdmouleh, Zeineb & Gastli, Adel & Ben-Brahim, Lazhar & Haouari, Mohamed & Al-Emadi, Nasser Ahmed, 2017. "Review of optimization techniques applied for the integration of distributed generation from renewable energy sources," Renewable Energy, Elsevier, vol. 113(C), pages 266-280.
    7. Masoud Yaghini & Mohammad Karimi & Mohadeseh Rahbar, 2015. "A set covering approach for multi-depot train driver scheduling," Journal of Combinatorial Optimization, Springer, vol. 29(3), pages 636-654, April.
    8. Chris S. K. Leung & Henry Y. K. Lau, 2018. "Multiobjective Simulation-Based Optimization Based on Artificial Immune Systems for a Distribution Center," Journal of Optimization, Hindawi, vol. 2018, pages 1-15, May.
    9. Ilfat Ghamlouche & Teodor Gabriel Crainic & Michel Gendreau, 2003. "Cycle-Based Neighbourhoods for Fixed-Charge Capacitated Multicommodity Network Design," Operations Research, INFORMS, vol. 51(4), pages 655-667, August.
    10. Olli Bräysy & Michel Gendreau, 2005. "Vehicle Routing Problem with Time Windows, Part II: Metaheuristics," Transportation Science, INFORMS, vol. 39(1), pages 119-139, February.
    11. Andaryan, Abdullah Zareh & Mousighichi, Kasra & Ghaffarinasab, Nader, 2024. "A heuristic approach to the stochastic capacitated single allocation hub location problem with Bernoulli demands," European Journal of Operational Research, Elsevier, vol. 312(3), pages 954-968.
    12. Panta Lučić & Dušan Teodorović, 2007. "Metaheuristics approach to the aircrew rostering problem," Annals of Operations Research, Springer, vol. 155(1), pages 311-338, November.
    13. Daniel O’Malley & Velimir V Vesselinov & Boian S Alexandrov & Ludmil B Alexandrov, 2018. "Nonnegative/Binary matrix factorization with a D-Wave quantum annealer," PLOS ONE, Public Library of Science, vol. 13(12), pages 1-12, December.
    14. Marco Antonio Boschetti & Vittorio Maniezzo, 2022. "Matheuristics: using mathematics for heuristic design," 4OR, Springer, vol. 20(2), pages 173-208, June.
    15. C-H Lan & C-C Chen, 2007. "Optimal purchase of two-itemized drugs for a disease," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 58(3), pages 309-316, March.
    16. G Lulli & U Pietropaoli & N Ricciardi, 2011. "Service network design for freight railway transportation: the Italian case," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(12), pages 2107-2119, December.
    17. Sadan Kulturel-Konak & Bryan A. Norman & David W. Coit & Alice E. Smith, 2004. "Exploiting Tabu Search Memory in Constrained Problems," INFORMS Journal on Computing, INFORMS, vol. 16(3), pages 241-254, August.
    18. Ouzineb, Mohamed & Nourelfath, Mustapha & Gendreau, Michel, 2008. "Tabu search for the redundancy allocation problem of homogenous series–parallel multi-state systems," Reliability Engineering and System Safety, Elsevier, vol. 93(8), pages 1257-1272.
    19. İlker Küçükoğlu & Nursel Öztürk, 2019. "A hybrid meta-heuristic algorithm for vehicle routing and packing problem with cross-docking," Journal of Intelligent Manufacturing, Springer, vol. 30(8), pages 2927-2943, December.
    20. J Brimberg & P Hansen & G Laporte & N Mladenović & D Urošević, 2008. "The maximum return-on-investment plant location problem with market share," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(3), pages 399-406, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reensy:v:165:y:2017:i:c:p:102-114. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/reliability-engineering-and-system-safety .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.