Analysis of a Two Unit Standby Oil Delivering System with a Provision of Switching Over to another System at Need to Increase the Availability
Abstract
Problem statement: The study deals with a standby system consisting of two units. Initially one unit is operative and the other is standby. When both the units are failed then there is a provision of switching over to the other similar system. This practical situation may be observed in an oil refinery plant. Real data on failure and repair rates of such units collected from oil refinery plant, Pani pat, India have been used for present study. Approach: The system is analyzed by making use of semi-Markov processes and regenerative point technique. Results: Expression for the expected profit is obtained after obtaining various measures of system effectiveness. Graphical analysis is also done for a particular case and various interpretations are made. Conclusion: Upper/lower limits for various rates/costs/probabilities can be obtained to get the positive profit for the system and to decide about the least value of the price of the product to be produced.
DOI: https://doi.org/10.3844/jmssp.2011.57.60
Copyright: © 2011 Upasana Sharma, Rekha and Gulshan Taneja. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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Keywords
- Oil delivering standby system
- Semi Markov process
- regenerative point technique
- measures of system effectiveness
- profit analysis