|
|
|
|
|
 |
 |
|||||||||||||||||||||||||||||||
| In this issue: |
Issue 35, January 2004 |
||||||||||||||||||||||||||||||
|
Reliability HotWire is a service of ReliaSoft Corporation To subscribe or update your e-mail preferences, go to http://www.weibull.com/hotwire/index.htm To remove yourself from this e-mail list: Send an e-mail with the word "REMOVE" in the subject line to HotWire@ReliaSoft.com |
||||||||||||||||||||||||||||||
| Hot Topics | |||||||||||||||||||||||||||||||
|
Financial Applications
for Weibull Analysis Reliability engineering may be described as the use of applied statistics for engineering evaluation purposes. Naturally, the statistical techniques incorporated in reliability engineering can be used for many other purposes. One field that employs many of the same statistical techniques is that of financial analysis. In this article, we will look at one of the ways Weibull analysis (i.e. statistical analysis with the Weibull distribution) can be used in a financial context by examining its utility in conducting intangible asset valuation. Potential applications for intangible asset valuation include credit card default rates, season ticket renewal rates for sports and entertainment venues, stock brokerage accounts and life insurance. This article uses the example of a newspaper's subscription accounts to explore the methods and results of this analysis type. To
read more, see
http://www.weibull.com/hotwire/issue35/hottopics35.htm
|
|||||||||||||||||||||||||||||||
| Reliability Basics | |||||||||||||||||||||||||||||||
|
Specifications and Product
Failure Definitions Before life data can be analyzed or even collected, the definition of failure must be established. While this may seem like a simplistically obvious piece of advice, lack of generally accepted definitions for performance-related failures can result in misunderstandings over validation and reliability specifications, wasted test time and squandered resources. The process of characterizing the reliability and defining the failures for a product is directly related to the product's mission. Essentially, reliability can be defined as the ability of the product to perform its intended mission without failing. The definition of reliability springs directly from the product mission, in that product failure is the inability of the product to perform its defined mission. To read more, see
http://www.weibull.com/hotwire/issue35/relbasics35.htm
|
|||||||||||||||||||||||||||||||
| Tool Tips | |||||||||||||||||||||||||||||||
Where can I get information on the theory behind the calculations and analyses being performed in ReliaSoft's applications? To read more, see
http://www.weibull.com/hotwire/issue35/tooltips35.htm
|
|||||||||||||||||||||||||||||||
| Latest Software Updates | |||||||||||||||||||||||||||||||
|
New
service releases are now available for
BlockSim (SR 6.2.3),
Xfmea (SR
1.0.8) and Weibull++ MT (SR 6.1.8).
To determine the compile revision of the application on your computer,
from the Help menu select About.
|
|||||||||||||||||||||||||||||||
| Hot News | |||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||
|
Contributions
Welcomed As always, your feedback and contributions are appreciated. ReliaSoft is able to provide the most user-friendly reliability software packages and support because we listen to our customers. This applies to our newsletters and publications as well. We welcome any suggestions or contributions you may have for Reliability HotWire. If you have a topic or article that you think would be useful to the readers of Reliability HotWire, feel free to contact us. We can be reached by e-mail at HotWire@ReliaSoft.com, or by standard mail at 1450 S. Eastside Loop, Tucson, AZ 85710-6703, USA. |
|||||||||||||||||||||||||||||||
 |
Copyright © 2004 ReliaSoft Corporation, ALL RIGHTS RESERVED |
||||||||||||||||||||||||||||||
|
Comments or Questions: Webmaster@ReliaSoft.comweibull.com is a service of ReliaSoft Corporation Copyright © 1992-2008 ReliaSoft Corporation, All Rights Reserved Last updated: 06/26/2008 06:59:04 PM |
SITE
[Home] [Site
Contents] |
