Optimal allocation of resources to nodes of parallel and series systems

Citation
Shaked, Moshe et Shanthikumar, J. George, Optimal allocation of resources to nodes of parallel and series systems, Advances in applied probability , 24(4), 1992, pp. 894-914
ISSN journal
00018678
Volume
24
Issue
4
Year of publication
1992
Pages
894 - 914
Database
ACNP
SICI code
Abstract
In this paper we consider parallel and series systems, the components of which can be .improved'. The .improvement' consists of supplying the components with cold or hot standby spares or by allotting to them fixed budgets for minimal repairs. A fixed total resource of spares or minimal repairs is available. We find the optimal allocation of the resource items in several commonly encountered settings.