Reliability has become a greater concern in recent years because high‐tech industrial processes with ever increasing levels of sophistication comprise most engineering systems today. To keep pace with this rapidly developing field, this chapter provides a broad overview of recent research on reliability optimization problems. In particular, we address issues related to:
UGF‐based optimal multistate system (MSS) design;
percentile life employed as a system performance measure;
multiobjective optimization of reliability systems, especially with uncertain component reliability estimations;
innovation and improvement in traditional reliability optimization problems, such as fault‐tolerance mechanism and cold‐standby redundancy involved system design.
The chapter concludes with a discussion of future challenges related to reliability optimization.