Risk & Failure Analysis

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Models Illustrating the Use of GoldSim for Risk & Failure Analysis Applications

All the models assigned to the selected category are listed below.

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  • Risk Assessment of Lunar Base

    This is a model that simulates the performance of a lunar base over its planned 20 year lifespan. It illustrates how GoldSim's Reliability Module can be use to carry out a probabilistic risk assessment of a complex system.

  • Risk Assessment of Planetary Mission

    This is a model that simulates an unmanned scientific mission to another planet. It illustrates how GoldSim's Reliability Module can be used to carry out a probabilistic risk assessment of a complex system.

  • Number of Days Which Failure Occurs

    This model counts the number of days in which some failure occurs. A failure event is defined as a reservoir overflow occurrence for any duration within a single day.

  • Dam Breach Risk

    Monte Carlo Simulation of the Dam Breach algorithm to calculate risk of failure

  • Simulating Failure Risk of a Pump Station

    Use the Reliability Module of GoldSim to calculate the failure modes of various components of a pumping station and water delivery system.

  • One-Armed Bandit Model

    This model simulates a slot machine with 3 reels each having 5 images that wins money if you end up with 3 in a row.

 

Making Better Decisions In An Uncertain World