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This paper proposes a prognostic-information-based joint order-replacement policy for a non-repairable critical system in service. The primary difference from existing work is to take the online condition monitoring data into consideration during the joint decision-making process. Towards this end, the system’s degradation trajectory is modeled by a Wiener process whose parameters are real-time estimated...
As the key of the prevalent prognostics and health management, remaining useful life prediction has attracted considerable attentions during the past decades. However, almost all of the existing remaining useful life prediction methods were implemented under the premise that the deteriorating systems were not maintained over the whole life cycle. For the deteriorating systems experiencing maintenance...
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