5 research outputs found

    Cost-benefit modelling for reliability growth

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    Decisions during the reliability growth development process of engineering equipment involve trade-offs between cost and risk. However slight, there exists a chance an item of equipment will not function as planned during its specified life. Consequently the producer can incur a financial penalty. To date, reliability growth research has focussed on the development of models to estimate the rate of failure from test data. Such models are used to support decisions about the effectiveness of options to improve reliability. The extension of reliability growth models to incorporate financial costs associated with 'unreliability' is much neglected. In this paper, we extend a Bayesian reliability growth model to include cost analysis. The rationale of the stochastic process underpinning the growth model and the cost structures are described. The ways in which this model can be used to support cost-benefit analysis during product development are discussed and illustrated through a simple case

    An availability study for a SME

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    A case study of an availability analysis for a small commercial company is presented. The analysis was carried out to meet a customer requirement for the availability of an electronic ground-based system in a benign environment. Availability calculations were based on failure data provided and an explanation of the methodology and problems encountered and dealt with are discussed. The methodology includes failure classification according to MIL-HDBK-781A and how it may be used to promote and develop internal processes. A commentary on the background to reliability/availability specification is provided and a number of recommendations for monitoring reliability and availability are given
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