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A Case Study Using Monte Carlo Simulation for Risk Analysis

RENO is a user friendly platform designed for building and running complex analyses for any probabilistic or deterministic scenario. It uses an intuitive flowchart modeling approach with Monte Carlo simulation to estimate or optimize the results for risk analysis, complex reliability modeling, maintenance planning, operational research, financial planning or other analysis objectives. In this article, we will use RENO to perform a simple reliability and risk analysis of an airplane’s environmental control system (ECS) and downstream air-conditioning subsystem.

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ReliaSoft Donates to New Engineering Center at NDSU

The North Dakota State University (NDSU) College of Engineering has announced the creation of the Center of Quality, Reliability and Maintainability Engineering. ReliaSoft has formally supported this effort by donating more than $400,000 in software workstation licenses, and an additional $4,000 to purchase computers for the center's lab. The new center will allow NDSU students and faculty to explore quality engineering practices, understand product reliability analysis and optimize maintenance planning. Press Release: http://www.ndsu.edu/news/view/detail/14409/.

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Just Released! 2015 Worldwide Seminar Calendar

ReliaSoft has released the 2015 Worldwide Seminar Calendar and it is now available online for review and planning. It is never too early to schedule for next year! Explore our easy-to-use, web-based event list to locate an event near you: http://Seminars.ReliaSoft.com/dates.htm.

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Call for ARS North America Presenters

The 2015 North America Symposium will be held from June 2-4, 2015 in Tucson, Arizona and the presentation proposal deadline is right around the corner! If you wish to share the experiences that have helped shape your reliability career by presenting at this event, please submit your proposal by December 5, 2014. Complete details, including the required proposal form, are available for your review at: http://www.ARSymposium.org/presenters/index.htm.

 
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