Monte Carlo Applications In Systems Engineering

Monte Carlo Applications in Systems Engineering

Focusses on the industry and use of mathematical methods, inparticular the Monte Carlo method as a tool that can support andimprove the engineering of systems. The application of the MonteCarlo method to system engineering is a new concept and the MonteCarlo method allows serious mathematical treatment of real-worldindustrial systems. This book which includes a large number ofworked examples from real industrial problems, will prove avaluable reference source for students, researchers andengineers.It presents a unified approach to time-dependent system behavior inwhich the Monte Carlo method serves as a tool to obtain solutionsto real-world challenges. The author suggest that efficiency can beincreased through this integrated approach which combinespreviously independent considerations such as product reliability,maintenance requirements and the availability of spare parts.Features include:* Comprehensive coverage of the basic theory behind systemsengineering and the Monte Carlo method enabling the reader tounderstand the concepts involved* Description of the method from the basic estimation of simplestatistical processes, through the evaluation of multidimensionalintegrals to the solution of complex transport equations* Extensive examples detailing practical industrial applicationsfor each of the techniques presented* Accompanying software (available via ftp) relating to specificexamples which allows the reader to use the methods described tosolve practical problems* Discussion of a variety of analytical tools from classicalprobabilistic methods to the concepts of event distribution, agingand Markovian methods explaining how these fit into the generalsystems engineering framework.