Abstract
In this chapter, we shall illustrate some applications of MCS applied to system reliability analysis. First, the power of MCS for realistic system modeling is shown with regard to a problem of estimating the production availability of an offshore plant, accounting for its operative rules and maintenance procedures [1]. Then, the application of MCS for sensitivity and importance analysis [1, 2] is illustrated.
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References
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© 2013 Springer-Verlag London
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Zio, E. (2013). Practical Applications of Monte Carlo Simulation for System Reliability Analysis. In: The Monte Carlo Simulation Method for System Reliability and Risk Analysis. Springer Series in Reliability Engineering. Springer, London. https://doi.org/10.1007/978-1-4471-4588-2_5
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DOI: https://doi.org/10.1007/978-1-4471-4588-2_5
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