System Reliability is a feature of GE Digital APM Reliability Analytics
that allows you to model
different system scenarios (often referred to as RAM, i.e., Reliability, Availability, and Modelling) and then run Monte
Carlo simulations to simulate the behavior of the system so that you
can predict the cost and reliability of the system and its elements.
System Reliability can be a useful tool in various situations:
When you are constructing a new system,
you can use a System Reliability Analysis to model various options
for the construction of the system and then choose the option that
is the most reliable and cost-effective.
For existing systems, you can use a System Reliability
Analysis to evaluate how the system could be modified to increase
reliability and production output.
Using a System Reliability Analysis, you can:
Estimate the overall reliability and cost of a system,
including the estimated reliability for each of the included pieces of equipment
and locations.
Use equipment and location information that is already
stored in the database or create new equipment and locations to use
in the analysis.
Add maintenance and downtime to the system and recalculate
the effects of additions.
View a graphical summary of the cost and reliability
predictions for a system.
Model different scenarios to compare reliability and
cost across multiple systems.