Reliability and Risk Models

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. <p>Includes:</p> <ul> <li>A unique set of 46 generic principles for reducing technical risk</li> <li>Monte Carlo simulation algorithms for improving reliability and reducing risk</li> <li>Methods for setting reliability requirements based on the cost of failure</li> <li>New reliability... Next