Recursive reliability assessment of radial lifeline systems with correlated component failures

Author(s):  
J Rojo ◽  
L Dueñas-Osorio
1988 ◽  
Vol 4 (2) ◽  
pp. 339-366 ◽  
Author(s):  
A. J. Schiff

The response of lifeline systems was good, but there were component failures. Communication inadequacies did have a significant impact on the emergency response system. The dysfunction of lifelines, primarily power, communication, and natural gas systems put an added burden on the emergency response system and was the source of most fires. Damage and dysfunction included the frequently observed failure of ceramic elements on high voltage substation equipment, damage to large liquid storage tanks, and the saturation of the telephone system, including emergency response networks, with inappropriate calls. These hold the potential for compounding impacts after larger, more damaging earthquakes. The need to change operating procedures of some lifelines and to update emergency response public information is indicated.


Author(s):  
Mohammad Mahdi Abaei ◽  
Nu Rhahida Arini ◽  
Philipp R. Thies ◽  
Johanning Lars

Abstract Improving the reliability of marine renewable energy devices such as wave and tidal energy convertors is an important task, primarily to minimize the perceived risks and reduce the associated cost for operation and maintenance. Marine systems involve a wide range of uncertainties, due to the complexity of failure mechanism of the marine components, scarcity of data, human interactions and randomness of the sea environment. The fundamental element of a probabilistic risk analysis necessarily needs to rely on operational information and observation data to quantify the performance of the system. However, in reality it is difficult to ascertain observation of the precursor data according to the number of component failures that have occurred, mainly as a result of imprecision in the failure criterion, record keeping, or experimental and physical modelling of the process. Traditional reliability estimation approaches such as Fault Tree, Event Tree and Reliability Block Diagram analysis offer simplified, rarely realistic models of this complex reliability problem. The main reason is that they all rely on accurate prior information as a perquisite for performing reliability assessment. In this paper, a hierarchical Bayesian framework is developed for modelling marine renewable component failures encountered the uncertainty. The proposed approach is capable to incorporate the conditions, which lack reliable observation data (e.g. unknown/uncertain failure rate of a component). The hierarchical Bayesian framework provides a platform for the propagation of uncertainties through the reliability assessment of the system, via Markov Chain Monte Carlo (MCMC) sampling. The advantages of using MCMC sampling has proliferated Bayesian inference for conducting risk and reliability assessment of engineering system. It is able to use hyper-priors to represent prior parameters as a subjective observations for probability estimation of the failure events and enable an updating process for quantitative reasoning of interdependence between parameters. The developed framework will be an assistive tool for a better monitoring of the operation in terms of evaluating performance of marine renewable system under the risk of failure. The paper illustrates the approach using a tidal energy convertor as a case study for estimating components failure rates and representing the uncertainties of system reliability. The paper will be of interest to reliability practitioners and researchers, as well as tidal energy technology and project developers, seeking a more accurate reliability estimation framework.


2020 ◽  
Vol 26 (2) ◽  
pp. 327-348
Author(s):  
O.I. Razumova

Subject. The article considers ratings of banks' reliability. Objectives. The aim is to evaluate the accuracy of existing methodology for bank reliability assessment based on official reporting, to identify patterns between indicators and factors that can affect the financial sustainability of a bank. Methods. The study draws on the comparative analysis of key indicators of bank's financial statements one year prior to the introduction of provisional administration, and evaluates the results of existing methods for analyzing the financial standing of banks. Results. The findings show that those methods that use only official reporting to assess the reliability of banks are not sufficient for short-term forecasting of financial stability. Ratings of the majority of agencies that rest on official reporting have a high percentage of erroneous results, therefore, rating agencies are not able to predict the regulator's decisions regarding a credit institution. Conclusions. Currently, there are no universal methods to determine reliability, which would provide a correct forecast of deteriorated financial position of the bank. It is important to use a systems approach, where financial reporting is not a key component.


1991 ◽  
Vol 1991 (170) ◽  
pp. 483-491 ◽  
Author(s):  
Hiroo Okada ◽  
Yoshisada Murotsu ◽  
Keiji Ueyama ◽  
Minoru Harada ◽  
Kazuya Kondo

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