Learn about Reliability of equipment with practical example.
Reliability is defined as the probability that a product, system, or service will perform its intended function satisfactorily for a specific period of time under a specified operating condition.
Intended function: the reason why the product, system or service is in place
Satisfactory: perform according to a specification, with an acceptable degree of compliance/quality
Specific period of time: minutes, days, months, or number of cycles
Specified conditions: for example, temperature, speed, or pressure
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