Monte Carlo and Reliability Engineering

http://en.wikipedia.org/wiki/Monte_Carlo_method
http://en.wikipedia.org/wiki/Reliability_engineering

Tonight I spent sometime developing and helping a fellow friend with a vb.net application to calculate the reliability of a system using a Monte Carlo analysis. Suffice to say, I learned quite a bit (which I shall bore you with at another time). Interestingly enough, my engineering economy class covered the basic aspects of the Monte Carlo simulation. The engineering economy class focused primarily on the financial side instead of the reliability side.

As you can tell from my fragmented thoughts...I'm tired. Thus, I shall fall asleep now!