Comprehensive procedure for analyzing and predicting the reliability of the railway industry

This paper presents a systematic and comprehensive analysis procedure for predicting the reliability of the railway industry in order to identify the factors affecting the reliability and obtain a more accurate estimate. This study will also help railway industry managers to better understand the importance of reliability and optimize important performance indicators in the railway industry and to understand the advances that can be made to improve reliability in the railway industry. This study also presents a comprehensive allocation framework with regard to the features of a passenger railway system and possible alternatives; In addition to system reliability, the proposed process can allocate life cycle costs and service reliability to determine the optimal investment plan for designing or updating the rail system. This comprehensive approach can help the rail industry in predicting the reliability of systems and subsystems and identifying the ideal balance between cost, reliability and timing of passenger trains in order to achieve optimal rail system design.