-out-of-n system with a choice of redundancy strategies. Therefore, a k-out-of-n series-parallel system is considered when the …

-out-of-n system with a choice of redundancy strategies. Therefore, a k-out-of-n series–parallel system is considered when the …

of risks. We propose a new method for evaluating efficacy of different combinations of redundancy strategies. For each … normalized expected utility for loss exposure and normalized utility for cost of redundancy strategies keeping into account …