Tian, Zhigang; Wu, Bairong; Chen, Mingyuan - In: Journal of the Operational Research Society 65 (2014) 9, pp. 1412-1422
Condition-based maintenance (CBM) aims to reduce maintenance cost and improve equipment reliability by effectively utilizing condition monitoring and prediction information. It is observed that the prediction accuracy often improves with the increase of the age of the component. In this...