Overview of the GoldSim Approach to Risk and Reliability Modeling

The Reliability Module uses an approach that is substantially different from most current approaches to investigating system reliability and risk. This section is intended to provide you with a broad overview of the GoldSim reliability modeling and risk analysis approach.

The goal of most reliability and engineering risk analysis models is to establish the lifespan, reliability, degree of availability, or probability of failure of a system. But how do we model a system’s performance in GoldSim? Below we introduce the GoldSim approach to reliability and risk modeling by considering how one might model the reliability of a personal computer.