The goal is to introduce students to principles of reliability from a practical point of view. The course covers principles of quality, principles of reliability, reliability of systems, failure rate data and models, quality and reliability in design and manufacturing, and reliability and availability in maintenance including cost models. A moderate knowledge of probability and statistics is a requirement. This course will also focus on the determination of optimal maintenance and replacement practices for components and capital equipment. Short-term deterministic replacement; short-term probabilistic replacement. Inspection optimization of assets with hidden failures or soft failures and equipment under continuous operation.