What is it about?
This paper extends the geometric process, which is well-known in the reliability research community, and develops a new model, doubly geometric process (DGP). The DGP can model non-monotonous stochastic processes.
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Why is it important?
The paper offers an alternative of models to model the gap times of recurrent events. It offers a new model for maintenance policy development.
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This page is a summary of: Doubly geometric processes and applications, Journal of the Operational Research Society, December 2017, Taylor & Francis,
DOI: 10.1057/s41274-017-0217-4.
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