Generalized S-Shapedness of Reliability Functions

Published Online:https://doi.org/10.1287/moor.11.3.433

Reliability functions have the property that if they intersect the diagonal y = x it is done in an S-shaped form (Moore and Shannon).

In this paper a wider class of polynomials is presented, the members of which form a dense grid on the unit square. The S-shapedness intersection property holds whenever a reliability function intersects a polynomial in this set.

The members of this set are all reliability polynomials. The diagonal y = x is also a member of this set, thus a generalization of Moore-Shannon result is achieved.

INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.