Reliability Worth Assessment of High-Tech Industry

This paper introduces a new approach to customer interruption cost evaluation that recognizes the dispersed nature of the cost data. The proposed method is designated as the possibility distribution approach and provides a realistic and effective assessment of the losses incurred by high-tech industry electrical users due to power failures. Fuzzy linear regression models are used to describe the distribution and dispersed behaviors of interruption costs. Bootstrap technique is used to generate a sampling distribution of small samples so that confidence intervals of interruption costs of different high-tech sectors can be obtained. Using the obtained cost models, interruption costs and reliability worth of high-tech industries that require higher reliability and premium power service, can be properly assessed.