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South African Journal of Industrial Engineering
On-line version ISSN 2224-7890
Print version ISSN 1012-277X
Abstract
CONRADIE, P.D.F.; FOURIE, C.J.; VLOK, P.J. and TREURNICHT, N.F.. Quantifying system reliability in rail transportation in an ageing fleet environment. S. Afr. J. Ind. Eng. [online]. 2015, vol.26, n.2, pp.128-142. ISSN 2224-7890.
In recent years the management of physical assets has become increasingly important, especially in asset-intensive organisations. This article presents an approach to quantifying the reliability of rolling stock assets in the rail environment, making use of failure statistics. Failure distributions and the interdependency of different systems are used to determine the impact of component failures on overall system reliability, and to determine the reliability of individual train sets. Recommendations about the future planning of maintenance are included in the article.