Quantification of the value of condition monitoring system with time-varying monitoring performance in the context of risk-based inspection
Reliability Engineering & System Safety(2023)
Abstract
•Value of condition monitoring information analysis in RBI planning is proposed.•A time-varying monitoring performance model of CMS is presented.•A decision criterion of identification threshold of CMS is proposed.•Effects of time-varying monitoring performance on the value of CMS are studied.
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Key words
inspection,monitoring system,monitoring performance,time-varying,risk-based
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