Multicriteria Optimisation for Reliability Design

What is it about?

Reliability is a major quality characteristic which has grown in importance as products/systems have become ever more sophisticated. Neglecting it could spell great losses in terms of patronage, revenue, and even lives. The purpose of this paper is to present a multi‐criteria optimisation model and methodology for the Pareto optimal assignment of reliability to the components of a series‐parallel system in order to maximise its reliability.

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Why is it important?

The novelty of this work is in: the multi‐criteria optimisation view taken of the design problem, and the focus on the subsystems' reliabilities and cost as the criteria to be optimised.