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RS 525
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Simulation Modeling for Reliability and Risk Analysis |
Course Overview
This three-day course focuses on probabilistic event and
risk decision analysis. It is a general purpose course with
real life examples and solutions using ReliaSoft’s RENO
software.
Participants will be exposed to principles and hands-on
applications and case studies, solving a variety of complex
problems including reliability, risk, safety and decision
analysis as well as learn to apply optimization methods.
Course Overview
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Deterministic vs. Probabilistic Analysis
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Introduction to Simulation
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History of Simulation
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Understanding Simulation
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Types of Analyses
Introduction to RENO
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Definition Objects
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Construct Objects
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Building Models
Basics of Risk/Decision Analysis
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General Models
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Event Trees
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Decision Trees
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Influence Diagrams
Applications of Quantitative Decision & Risk
Analyses
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Probabilistic Design Concepts
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Optimizing Decisions Under Uncertainty
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Operational Readiness & Reliability
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Advanced Reliability Analysis Applications
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Maintenance Applications
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Financial Applications
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Life Cycle Cost Analysis
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Investment Analysis
RENO as a Programming Language
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Looking at RENO as a Visual Programming
Platform
Multiple Case Studies and Applications
Hands-on Workshop
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Upcoming RS 525 Seminars
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