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For a long time, conventional reliability analyses have been oriented towards selecting the more reliable system and preoccupied with maximising the reliability of engineering systems. On the basis of counterexamples however, we demonstrate that selecting the more reliable system does not necessarily mean selecting the system with the smaller losses from failures! As a result, reliability analyses should necessarily be risk-based, linked with ...

Repairable flow networks are a new area of research, which analyzes the repair and flow disruption caused by failures of components in static flow networks. This book addresses a gap in current network research by developing the theory, algorithms and applications related to repairable flow networks and networks with disturbed flows. The theoretical results presented in the book lay the foundations of a new generation of ultra-fast algorithms ...