People often confuse reliability and availability. Simply put availability is a measure of the % of time the equipment is in an operable state while reliability is a measure of how long the item performs its intended function. We can refine these definitions by considering the desired performance standards. Availability is an Operations parameter as, […]
News
Understanding the difference between reliability and availability
Reliability can be defined as “the probability that an item will perform its intended functions for a specified interval under stated conditions”. It can be measured by Mean Time Between Failures (MTBF) and predicted Reliability (R) = e-?t, where t is the time in service. Availability can be defined as “the probability that an item […]