We study the availability analysis of three different series system configurations with warm standby components and general repair times. The time-to-failure for each of the primary and warm standby components is assumed to be exponentially distributed with respective parameter λ and α. This...

In this paper, we consider two newsboy-type products with unequal prices and costs. Both demands are independent and follow normal distributions with unknown parameters [mu] and [sigma]. We study the product selection problem which deals with comparing two products and selecting the one that has...