The practical relevance of the proposed model is illustrated in a real problem based on a data set for downhole safety valves (DHSVs) used in offshore oil and gas production wells. The reliability ...

Gwangju Clean Energy Research Center, Korea Institute of Energy Research (KIER), Gwangju 61003, Republic of Korea ...

The razor-razorblade model is a pricing tactic in which a dependent good is sold at a loss (or at cost) and a paired consumable good generates the profits. Also known as a razor and blades ...