Condition-Based Predictive Order Model for a Mechanical Component following Inverse Gaussian Degradation Process

@inproceedings{Wang2018ConditionBasedPO,
  title={Condition-Based Predictive Order Model for a Mechanical Component following Inverse Gaussian Degradation Process},
  author={Cheng Wang and Jianxin Xu and Hongjun Wang and Zhenming Zhang},
  year={2018}
}
An efficient condition-based predictive spare ordering approach is the key to guarantee safe operation, improve service quality, and reduce maintenance costs under a predefined lower availability threshold. In this paper, we propose a condition-based predictive order model (CBPO) for a mechanical component, whose degradation path is modeled as inverse Gaussian (IG) process with covariate effect. The CBPO is dependent on the remaining useful life (RUL), random lead-time, speed-up lead-time… CONTINUE READING

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