Reliability theory
Encyclopedia
Reliability theory describes the probability of a system completing its expected function during an interval of time. It is the basis of reliability engineering
Reliability engineering
Reliability engineering is an engineering field, that deals with the study, evaluation, and life-cycle management of reliability: the ability of a system or component to perform its required functions under stated conditions for a specified period of time. It is often measured as a probability of...

, which is an area of study focused on optimizing the reliability, or probability of successful functioning, of systems, such as airplanes, linear accelerators, and any other product. It developed apart from the mainstream of probability
Probability
Probability is ordinarily used to describe an attitude of mind towards some proposition of whose truth we arenot certain. The proposition of interest is usually of the form "Will a specific event occur?" The attitude of mind is of the form "How certain are we that the event will occur?" The...

 and statistics
Statistics
Statistics is the study of the collection, organization, analysis, and interpretation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments....

. It was originally a tool to help nineteenth century maritime insurance
Marine insurance
Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination....

 and life insurance
Life insurance
Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger...

 companies compute profitable rates to charge their customers. Even today, the terms "failure rate
Failure rate
Failure rate is the frequency with which an engineered system or component fails, expressed for example in failures per hour. It is often denoted by the Greek letter λ and is important in reliability engineering....

" and "hazard rate" are often used interchangeably.

The failure of mechanical devices such as ships, trains, and cars, is similar in many ways to the life or death of biological organisms. Statistical models appropriate for any of these topics are generically called "time-to-event" models. Death or failure is called an "event", and the goal is to project or forecast the rate of events for a given population or the probability of an event for an individual.

When reliability is considered from the perspective of the consumer of a technology or service, actual reliability measures may differ dramatically from perceived reliability. One bad experience can be magnified in the mind of the customer, inflating the perceived unreliability of the product. One plane crash where hundreds of passengers die will immediately instill fear in a large percentage of the flying consumer population, regardless of actual reliability data about the safety of air travel.

Reliability period of any object is measured within the durability period of that object.

See also

  • Actuarial science
    Actuarial science
    Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. Actuaries are professionals who are qualified in this field through education and experience...

  • Availability
    Availability
    In telecommunications and reliability theory, the term availability has the following meanings:* The degree to which a system, subsystem, or equipment is in a specified operable and committable state at the start of a mission, when the mission is called for at an unknown, i.e., a random, time...

  • Catastrophe modeling
    Catastrophe modeling
    Catastrophe modeling is the process of using computer-assisted calculations to estimate the losses that could be sustained due to a catastrophic event such as a hurricane or earthquake...

  • Extreme value theory
    Extreme value theory
    Extreme value theory is a branch of statistics dealing with the extreme deviations from the median of probability distributions. The general theory sets out to assess the type of probability distributions generated by processes...

  • Failure rate
    Failure rate
    Failure rate is the frequency with which an engineered system or component fails, expressed for example in failures per hour. It is often denoted by the Greek letter λ and is important in reliability engineering....

  • Fault tree
  • Gompertz law
    Benjamin Gompertz
    Benjamin Gompertz was a British self educated mathematician and actuary, who became a Fellow of the Royal Society...

  • Gompertz-Makeham law of mortality
    Gompertz-Makeham law of mortality
    The Gompertz–Makeham lawstates that the death rate is the sum of an age-independent component and an age-dependent component , which increases exponentially with age...

  • Reliability (statistics)
    Reliability (statistics)
    In statistics, reliability is the consistency of a set of measurements or of a measuring instrument, often used to describe a test. Reliability is inversely related to random error.-Types:There are several general classes of reliability estimates:...

  • Reliability engineering
    Reliability engineering
    Reliability engineering is an engineering field, that deals with the study, evaluation, and life-cycle management of reliability: the ability of a system or component to perform its required functions under stated conditions for a specified period of time. It is often measured as a probability of...

  • Reliability theory of aging and longevity
    Reliability theory of aging and longevity
    Reliability theory of aging and longevity is a scientific approach aimed to gain theoretical insights into mechanisms of biological aging and species survival patterns by applying a general theory of systems failure, known as reliability theory.-Overview:...

  • Survival analysis
    Survival analysis
    Survival analysis is a branch of statistics which deals with death in biological organisms and failure in mechanical systems. This topic is called reliability theory or reliability analysis in engineering, and duration analysis or duration modeling in economics or sociology...

  • Weibull distribution

External links

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