Discrete Event Simulation and Risk Matrix
In this episode, I speak with Andrew Kelleher, MD at RAMS Mentat GmbH on his take on the use of Risk Matrix and how he sees the benefit of not using one for making optimum decisions. We discuss the importance of performing simulation to assess the needs of a system and to determine appropriate maintenance and sparing strategies.
We trivialize complex issues when there are no formal tools and Andrew provides his perspective on how we approach these problems to create a solution based on Discrete Event Simulation.
You can get in touch with Andrew Kelleher on LinkedIn: