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From Performability to Uncertainty

In: Principles of Performance and Reliability Modeling and Evaluation

Author

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  • Raymond A. Marie

    (IRISA Campus de Beaulieu, Rennes University)

Abstract

Starting from the expertise in reliability and in performance evaluation, we present the notion of performability introduced by John Meyer in his famous paper. We recall that in the past, few industry leaders believed in stochastic models, most of them placing greater confidence in the development of deterministic models and the use of coefficients of security to take into account the different uncertainties. But now, the notion of risk has been emphasized by the development of new technologies, the generalization of insurance policies, and the practice of service level agreements. Therefore, this is the time to consider stochastic models, where former deterministic parameters are replaced by random variables, with the encouragement of industrial leaders. We illustrate these latter models through two variants of a case study.

Suggested Citation

  • Raymond A. Marie, 2016. "From Performability to Uncertainty," Springer Series in Reliability Engineering, in: Lance Fiondella & Antonio Puliafito (ed.), Principles of Performance and Reliability Modeling and Evaluation, pages 143-168, Springer.
    • Handle: RePEc:spr:ssrchp:978-3-319-30599-8_6
    DOI: 10.1007/978-3-319-30599-8_6
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