IV. A. 4. b. Simulation Techniques – Monte Carlo

IV. Reliability Modeling and Prediction
A. Reliability Modeling

4. Simulation techniques (Apply)

Describe the advantages and limitations of the Monte Carlo and Markov models.

Monte Carlo method uses the variation of elements of a system to assist in the simulation of the system when operating with all that rich variation.

 

Additional References

Reliability Modeling using Monte Carlo (article)

Reliability and Monte Carlo Determined Tolerances (article)

Quick Quiz

1-32 The Monte Carlo method is a technique that is used to do which of the following?

(A) to insure random sampling from a homogeneous population
(B) to incorporate random chance into the process outcome
(C) to simulate operations when random variations are an essential consideration
(D) to establish quantitative values for unknown restrictive variables

Answer Discussion