Cost Savings
Reliable systems require fewer resources for maintenance, repair, and replacement. This is because they experience fewer failures, reducing the need for costly repairs or replacements. Over time, these savings can be substantial and contribute to the overall cost-effectiveness of the system.
Why is Reliability Important in a System?
Reliability is the ability of a system or component to perform its required functions under stated conditions for a specified period. Reliability is important in a system for several reasons: