Based on results of research in physical asset management, Maintenance, Replacement, and Reliability: Theory and Applications provides the necessary tools for making data-driven decisions. This book offers a solid theoretical foundation for these tools, demonstrating applications through various case studies. The applications relate to such areas as food processing, petrochemical, military, mining, transportation, steel, and pharmaceutical industries. Ideal for classroom use, this text also features supplementary software that can be downloaded from the CRC Web site. These software packages include educational versions of OREST ® , EXAKT ® , PERDEC ® , WeibullSoft, Crew Size Simulators, and more.