"Jim August's theme is that RCM can be applied to an electric utility business in the throes of conversion to retail competition, and so forced to consider how best to control maintenance costs and improve reliability. He calls it Applied Reliability-Centered Maintenance (ARCM).…
Rare event probability (10^-4 and less) estimation has become a large area of research in the reliability engineering and system safety domains. A significant number of methods have been proposed to reduce the computation burden for the estimation of rare events from advanced sa…
Comprehensive and insightful, this valuable resource offers a broad up-to-date view of techniques to estimate rare event probabilities, described with a unified notation to ease implementation plus a spectrum of simulation results on academic and realistic use cases. --
