TeachMeFinance.com - explain reliability
reliability The term 'reliability' as it applies to the area of reclamation can be defined as ' Probability that a device will function without failure over a specified time period or amount of usage. The ability to deliver uninterrupted electricity to customers on demand, and to withstand sudden disturbances such as short circuits or loss of major system components. This encompasses both the reliability of the generation system and of the transmission and distribution system. Reliability maybe evaluated by the frequency, duration, and magnitude of any adverse effects on consumer service'.
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