A Simulation-Based Approach to Incorporate Uncertainty in Reliability Growth Planning (RGP) 2020-01-0742
Reliability Growth Planning (RGP) is one of the essential parts of reliability improvement process during developing a new complex engineering system. It should receive more attention, especially in the current situation of industry, when a short delay in launching a new product causes the loss of market share. Current models in the reliability growth planning are more deterministic in nature, meaning that they use exact values for the parameters of the model. However, there is always uncertainty in the RG model parameters. This paper proposes a new approach, based on the historical data and enhanced by the simulation approach, which incorporates uncertainty in the reliability growth planning process. Results of the new model are more realistic and accurate, since they are based on the historical data.