Key Concept Week 6

Key Concept Exercise

Required

Reliability of systems

When a product or system consists of a number of independent components, the probability that the system or product will operate as planned requires the use of the rules of probability for independent events (Sower, 2011, pp.60-67). In this week’s Key Concept Exercise, you are asked to consider how the calculation of product reliability can be applied in your organisation. Additionally, you will analyse a system and its components to determine the system reliability and the failure rate.

To prepare for this Key Concept Exercise:

· Read the Required Learning Resources for Week 6.

· Reflect on how the topic relates to your own professional practice.

References:

Cole, R.E. (2011) ‘What really happened to Toyota?’, MIT Sloan Management Review, 52 (4), pp.28-36.

Abd, K., Abhary, K. & Marian, R. (2014) ‘Simulation modelling and analysis of scheduling in robotic flexible assembly cells using Taguchi method’,International Journal of Production Research,52 (9), pp.2654-2666