Reliability Assessment of Flow Networks and Industrial Systems: Bridging Theory and Applications explores real-life flow networks and industrial systems, employing various methods, including both exact and approximation techniques, to assess the reliability of these systems. Through numerous examples, the book explains algorithms, ensuring readers gain a deep understanding of the discussed approaches. The complexity results for these algorithms are computed and compared with alternative methods. Furthermore, the book presents experimental results tied to specific methods, providing a comprehensive and practical understanding throughout.