Abstract:For components subject to degradation, cost-efficient maintenance is necessary. Periodic or continuous collection of information, reducing uncertainty on the component's state of health, generally leads to a better-informed and, thus, more efficient maintenance. Processing condition monitoring data to estimate the current and future health states of the component, can prove valuable. In this paper, it is proposed to quantify the Value of Information (VoI) that may be obtained from state estimation and predicti… Show more
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