In this episode, Shane Scriven and I, continue our conversation from the previous episode and build on Reliability Modelling basics. We talk about the differences between Modelling & Simulation and how uncertainty plays a key role.
We also discuss the various inputs required for simulating our assets and gain valuable insights for spare optimization, labour hours and cost estimation and ofcourse, the expected Reliability & Availability measures.
You can check out Shane's articles here:
2. Reliability Eugenics Part 2 Systems Engineering
3. Reliability Eugenics Part 3 RAM Engineering
