(Ebook) Reliability and Risk Models: Setting Reliability Requirements by Michael Todinov ISBN 9781118873328, 1118873327

(Ebook) Reliability and Risk Models: Setting Reliability Requirements by Michael Todinov ISBN 9781118873328, 1118873327

A comprehensively updated and reorganized new edition. The updates include comparative methods for improving reliability; methods for optimal allocation of limited resources to achieve a maximum risk reduction; methods for improving reliability at no extra cost and building reliability networks for engineering systems. Includes: A unique set of 46 generic principles for reducing technical riskMonte Carlo simulation algorithms for improving reliability and reducing riskMethods for setting reliability requirements based on the cost of failureNew reliability measures based on a minimal separation of random events on a time intervalOverstress reliability integral for determining the time to failure caused by overstress failure modesA powerful equation for determining the probability of failure controlled by defects in loaded components with complex shapeComparative methods for improving reliability which do not require reliability dataOptimal allocation of limited resources to achieve a maximum risk reductionImproving system reliability based solely on a permutation of interchangeable components