Monte Carlo Simulation for Reliability

Abstract

This paper provides an introduction to Monte Carlo simulation and its applicability to reliability engineering. It provides an example of how Monte Carlo simulation can be used to help answer questions regarding the length of time complex systems can operate in a degraded state before falling below performance thresholds, and how it can be used to assist in program development by comparing alternative designs. By developing a custom Monte Carlo model, various outputs can be provided to provide insights into how changes to the design affect the reliability of the system.

Topics & Concepts