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Mis-specification analysis of linear Wiener process–based degradation models for the remaining useful life estimation

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  • Shengjin Tang
  • Xiaosong Guo
  • Zhijie Zhou

Abstract

The linear Wiener process–based degradation model is commonly used for the lifetime assessment and remaining useful life estimation. This article addresses the effects of model mis-specification of the linear Wiener process for the remaining useful life estimation. First, we study the model mis-specification effects on the parameters’ estimation and the lifetime distribution. Then, the effects of model mis-specification on the remaining useful life estimation and the predictive maintenance decision-making are analysed through some numerical examples and a case study. The results show that mis-specifying the linear Wiener process without measurement error as that with measurement error is negligible. However, under the inverse condition, the mis-specification could result in premature maintenances or failure maintenances, which increases the maintenance costs.

Suggested Citation

  • Shengjin Tang & Xiaosong Guo & Zhijie Zhou, 2014. "Mis-specification analysis of linear Wiener process–based degradation models for the remaining useful life estimation," Journal of Risk and Reliability, , vol. 228(5), pages 478-487, October.
    • Handle: RePEc:sae:risrel:v:228:y:2014:i:5:p:478-487
    DOI: 10.1177/1748006X14533784
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    References listed on IDEAS

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    Cited by:

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