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A reliability engineering approach for forecasting technological breakthroughs
Authors:M Nawaz Sharif  M Nazrul Islam
Institution:1. M. NAWAZ SHARIF is Professor of Industrial and Systems Engineering, Asian Institute of Technology, Bangkok, Thailand.;2. M. NAZRUL ISLAM is a doctoral student in the Division of Industrial Engineering and Management, Asian Institute of Technology, Bangkok, Thailand.
Abstract:One of the major attributes determining system reliability, the one that has received the most thorough and systematic study for many years, is system survival function. A “survival function” is a mathematical formula relating the probability of satisfactory performance of a system to time. Here, probability of satisfactory performance is synonymous with probability of nonfailure or probability of survival of a performing system.In breakthrough analysis of complex technological systems, the situation is somewhat similar but opposite to the above system reliability case. For breakthrough forecasting, the problem is to determine the probability of occurrence of success of a nonperforming system. Thus this paper presents a quantitative methodology for forecasting technological breakthroughs using a new concept of “attainability function,” derived in a similar fashion as the “reliability function.”
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