Best Practice Tools & Techniques - Sample

The following is a sample of one of the many best practice strategies, tool and techniques available to members of the BPIR.com. For access to a full description of the performance measure and linked bechmark data click here to join now

Technique: Reliability Analysis

Definition: The use of statistical techniques and models to predict the probability that a manufactured product (or component), will perform it

Description: The term reliability used in industrial statistics denotes a function describing the probability of failure as a function of time. The reliability of a product or component is a vital aspect of quality. Of particular interest is the quantification of a product's reliability so that estimates of the product's..

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