International Journal of Industrial Engineering & Production Research (2019) 30: 133-147 DOI: 10.22068/ijiepr.30.2.133 International Journal of Industrial Engineering & Production Research, June 2019, Vol. 30, No. 2 The New Distribution of Exponential Singh-Maddala, Some Properties, and Its Application in Reliability Zahra Karimi Ezmareh 1 & Gholamhossein Yari 2* Received 20 October 2018; Revised 06 March 2019; Accepted 28 April 2019; Published online 20 June 2019 © Iran University of Science and Technology 2019 ABSTRACT In this paper, a new distribution that is highly applicable in the fields of reliability and economics is introduced. The parameters of this distribution are estimated by using two methods of Maximum Likelihood and Bayes with two prior distributions, Weibull and Uniform. These two methods are compared using Monte-Carlo simulation. Finally, this new model is fitted on the real data (with the failure time of 84 aircraft), and some of comparative criteria are calculated to confirm the superiority of the proposed model to others. KEYWORDS Failure time, Exponential distribution, Singh-Maddala distribution, Estimation parameters, Monte-Carlo simulation, Fitting the model. 1. Introduction1 Reliability is used in various fields of science, insurance, economics, medicine, engineering, etc. In the past, reliability was a concern for sensitive and complex industries such as military, nuclear, and aerospace industries, whose lack of reliability could exert irreparably damage; however, now, this has become a general concern. The history of reliability growth can be referenced to the period before the 1930s. During that period, due to concerns about the proper functioning of the products, studies were conducted on the designing of systems with parallel components. The exact history of reliability was stated by Knight (1991) [10] and Andrew [2]. Now, two important numerical quantities are defined here to measure non-repairable reliability. Definition 1-1. The mean residual life ( ࡹࡾࡸ ) function of a lifetime random variable is given by ߤ(ݔ)= ி (௫) ݐ(ݐ) ݐ ݔ,ݔ> 0. (1) Corresponding author: Gholamhossein Yari * yari@iust.ac.ir 1. School of Mathematics, Iran University of Science and Technology, Tehran, Iran. 2. School of Mathematics, Iran University of Science and Technology, Tehran, Iran. Definition 1-2. The mean time to failure (ࡹࢀࢀࡲ) of a lifetime random variable is defined as: ܯܧ=ܨ() = ∫ ݐ(ݐ) ݐ . (2) A commonly used distribution in the analysis of lifetime data is the Generalized Beta distribution of second kind (II) (GB(II)). In addition, by increasing the skewness in the income data, in order to achieve more flexible distribution in fit, four-parameter distributions with more shape parameters are introduced in economic modeling by increasing the skewness in the income data. One of these distributions is the GB(II) distribution, which was first proposed by McDonld (1984) [14]. The probability density function (pdf) of this distribution is as follows: (ݔ)= ఈ௫ షభ ஻(ఋ,ఒ)[ଵା( ) ] ഊశഃ ߜ,ߣ,ߚ,ߙ,ݔ,> 0. (3) This distribution involves many statistical distributions as special or limited. One of the most important distributions, which is very useful in the fields of reliability, economics, and finance, is the distribution of the three parameters of Singh Maddala (SM), obtained by placing ࢾ=૚. McDonld (1984)[14] showed that the SM distribution provided better fits than gamma and lognormal. Shahzad and Asghar (2013) [16] used the L-moments and TL-moments methods to derive the point estimators of the parameters for SM distribution. The family of distributions RESEARCH PAPER [ DOI: 10.22068/ijiepr.30.2.133 ] [ Downloaded from ijiepr.iust.ac.ir on 2021-12-11 ] 1 / 16