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The Monte Carlo Simulation Method for System Reliability and Risk Analysis
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The Monte Carlo Simulation Method for System Reliability and Risk Analysis

2013 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 1447145879
ISBN-13 9781447145875
Edition 2013 ed.
Publisher Springer London Ltd
Imprint Springer London Ltd
Country of Manufacture GB
Country of Publication GB
Publication Date Nov 2nd, 2012
Print length 198 Pages
Weight 462 grams
Dimensions 24.40 x 15.80 x 1.70 cms
Ksh 25,300.00
Werezi Extended Catalogue 0 in stock

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Monte Carlo simulation is one of the best tools for performing realistic analysis of complex systems as it allows most of the limiting assumptions on system behavior to be relaxed.

Monte Carlo simulation is one of the best tools for performing realistic analysis of complex systems as it allows most of the limiting assumptions on system behavior to be relaxed. The Monte Carlo Simulation Method for System Reliability and Risk Analysis comprehensively illustrates the Monte Carlo simulation method and its application to reliability and system engineering. Readers are given a sound understanding of the fundamentals of Monte Carlo sampling and simulation and its application for realistic system modeling.

Whilst many of the topics rely on a high-level understanding of calculus, probability and statistics, simple academic examples will be provided in support to the explanation of the theoretical foundations to facilitate comprehension of the subject matter. Case studies will be introduced to provide the practical value of the most advanced techniques.

This detailed approach makes The Monte Carlo Simulation Method for System Reliability and Risk Analysis a key reference for senior undergraduate and graduate students as well as researchers and practitioners. It provides a powerful tool for all those involved in system analysis for reliability, maintenance and risk evaluations.


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