Availability, Reliability Theory and Its Applications

The specific word reliability= re + liability implies repeated liability in view of different breakdowns and failures of the system. The words 'reliability and reliable' are very commonly utilized by all of us, in our day by day life, showing the level of trust in the person or system. A specific element of any stochastic system is that if there should be an occurrence of failure of a somewhat set number of its segments/sub-systems, the whole framework/system comes up short. The failure of a problematic framework may result into very serious outcomes and a dreadful/awful disastrous to the general population everywhere and the environment. In our day by day life, we face a few issues associated with production, organization and social advancement so forth in the event that we have an obvious thought regarding the issue and the successful conditions; an answer for the issue is possible utilizing reliability technology. The reliability establishes the center of economy and the development of the foundation of a system. Presently a-days, the technology without reliability is unimaginable/ unthinkable. For a nation like India with constrained assets, it is even more important to utilize its resource in an extremely ideal manner to accomplish higher generation by having expanded reliability of the system.