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Posted Monday, October 23, 2006
Dr. Jeff Kharoufeh, Associate Professor of Operations Research in the Graduate School of Engineering and Management at the Air Force Institute of Technology, has been awarded the Outstanding Young Member Award by the Cincinnati/Dayton Chapter of The Institute for Operations Research and the Management Sciences (INFORMS). The purpose of the award is to recognize outstanding contributions to the theory or practice of operations research by an active member of the Chapter who is under the age of 35. The award also serves to recognize promising researchers at or near the beginning of their academic or industrial careers.
Professor Kharoufeh’s nomination was based on a journal article recently published in the Journal of Applied Probability. The paper presents a stochastic model to compute the long-run availability of a periodically inspected system subject to complex degradation due to wear and shock mechanisms. The main results of the paper are applicable to a multitude of systems that experience stochastic degradation and which can only be inspected periodically due to cost or inconvenience constraints. Extensions of the work are focused on computing the optimal inspection interval that maximizes the long-run availability of the system.