“…), which in turn depend on the Operation and Maintenance (O&M) decisions taken in time for optimal equipment usage. When predicting the RUL, these future conditions of equipment usage are generally assumed constant (e.g., (Camci et al, 2018;Van Horenbeek & Pintelon, 2013;Sankararaman, Ling, Shantz, & Mahadevan, 2011;Cadini, Zio, & Avram, 2009;Cadini, Sbarufatti, Corbetta, & Giglio, 2017;Leser et al, 2017)) or behaving according to some known exogenous stochastic process (e.g., (Ling & Mahadevan, 2012;Sankararaman, 2015;Ding, Tian, Zhao, & Xu, 2018)). This does not reflect reality and the RUL predictions that guide the O&M decisions are deemed to be incorrect.…”