IDEAS home Printed from https://ideas.repec.org/a/pal/jorsoc/v57y2006i8d10.1057_palgrave.jors.2602058.html
   My bibliography  Save this article

Using principal components in a proportional hazards model with applications in condition-based maintenance

Author

Listed:
  • D Lin

    (University of Toronto)

  • D Banjevic

    (University of Toronto)

  • A K S Jardine

    (University of Toronto)

Abstract

This paper proposes the application of a principal components proportional hazards regression model in condition-based maintenance (CBM) optimization. The Cox proportional hazards model with time-dependent covariates is considered. Principal component analysis (PCA) can be applied to covariates (measurements) to reduce the number of variables included in the model, as well as to eliminate possible collinearity between the covariates. The main issues and problems in using the proposed methodology are discussed. PCA is applied to a simulated CBM data set and two real data sets obtained from industry: oil analysis data and vibration data. Reasonable results are obtained.

Suggested Citation

  • D Lin & D Banjevic & A K S Jardine, 2006. "Using principal components in a proportional hazards model with applications in condition-based maintenance," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 57(8), pages 910-919, August.
  • Handle: RePEc:pal:jorsoc:v:57:y:2006:i:8:d:10.1057_palgrave.jors.2602058
    DOI: 10.1057/palgrave.jors.2602058
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/palgrave.jors.2602058
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1057/palgrave.jors.2602058?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ian T. Jolliffe, 1982. "A Note on the Use of Principal Components in Regression," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 31(3), pages 300-303, November.
    2. P J Vlok & J L Coetzee & D Banjevic & A K S Jardine & V Makis, 2002. "Optimal component replacement decisions using vibration monitoring and the proportional-hazards model," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 53(2), pages 193-202, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jia, Xiaodong & Jin, Chao & Buzza, Matt & Wang, Wei & Lee, Jay, 2016. "Wind turbine performance degradation assessment based on a novel similarity metric for machine performance curves," Renewable Energy, Elsevier, vol. 99(C), pages 1191-1201.
    2. Peng, Hao & van Houtum, Geert-Jan, 2016. "Joint optimization of condition-based maintenance and production lot-sizing," European Journal of Operational Research, Elsevier, vol. 253(1), pages 94-107.
    3. You, Ming-Yi & Li, Hongguang & Meng, Guang, 2011. "Control-limit preventive maintenance policies for components subject to imperfect preventive maintenance and variable operational conditions," Reliability Engineering and System Safety, Elsevier, vol. 96(5), pages 590-598.
    4. Mohammad Ali Farsi & S. Masood Hosseini, 2019. "Statistical distributions comparison for remaining useful life prediction of components via ANN," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 10(3), pages 429-436, June.
    5. Dao, Cuong D. & Zuo, Ming J., 2017. "Optimal selective maintenance for multi-state systems in variable loading conditions," Reliability Engineering and System Safety, Elsevier, vol. 166(C), pages 171-180.
    6. Si, Xiao-Sheng & Wang, Wenbin & Hu, Chang-Hua & Zhou, Dong-Hua, 2011. "Remaining useful life estimation - A review on the statistical data driven approaches," European Journal of Operational Research, Elsevier, vol. 213(1), pages 1-14, August.
    7. Zhou, Dengji & Zhang, Huisheng & Weng, Shilie, 2014. "A novel prognostic model of performance degradation trend for power machinery maintenance," Energy, Elsevier, vol. 78(C), pages 740-746.
    8. Braglia, Marcello & Carmignani, Gionata & Frosolini, Marco & Zammori, Francesco, 2012. "Data classification and MTBF prediction with a multivariate analysis approach," Reliability Engineering and System Safety, Elsevier, vol. 97(1), pages 27-35.
    9. Tian, Zhigang & Liao, Haitao, 2011. "Condition based maintenance optimization for multi-component systems using proportional hazards model," Reliability Engineering and System Safety, Elsevier, vol. 96(5), pages 581-589.
    10. Chrianna I Bharat & Kevin Murray & Edward Cripps & Melinda R Hodkiewicz, 2018. "Methods for displaying and calibration of Cox proportional hazards models," Journal of Risk and Reliability, , vol. 232(1), pages 105-115, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lin, Yan-Hui & Li, Yan-Fu & Zio, Enrico, 2018. "A comparison between Monte Carlo simulation and finite-volume scheme for reliability assessment of multi-state physics systems," Reliability Engineering and System Safety, Elsevier, vol. 174(C), pages 1-11.
    2. Minjung Kyung & Ju-Hyun Park & Ji Yeh Choi, 2022. "Bayesian Mixture Model of Extended Redundancy Analysis," Psychometrika, Springer;The Psychometric Society, vol. 87(3), pages 946-966, September.
    3. Hugh L. Christensen, 2015. "Algorithmic arbitrage of open-end funds using variational Bayes," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 2(04), pages 1-38, December.
    4. Jiaju Miao & Pawel Polak, 2023. "Online Ensemble of Models for Optimal Predictive Performance with Applications to Sector Rotation Strategy," Papers 2304.09947, arXiv.org.
    5. Mirza Pasic & Halima Hadziahmetovic & Ismira Ahmovic & Mugdim Pasic, 2023. "Principal Component Regression Modeling and Analysis of PM 10 and Meteorological Parameters in Sarajevo with and without Temperature Inversion," Sustainability, MDPI, vol. 15(14), pages 1-22, July.
    6. Chrianna I Bharat & Kevin Murray & Edward Cripps & Melinda R Hodkiewicz, 2018. "Methods for displaying and calibration of Cox proportional hazards models," Journal of Risk and Reliability, , vol. 232(1), pages 105-115, February.
    7. Elkin Castaño & Santiago Gallón, 2017. "A solution for multicollinearity in stochastic frontier production function models," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 86, pages 9-23, Enero - J.
    8. Ranjith Vijayakumar & Ji Yeh Choi & Eun Hwa Jung, 2022. "A Unified Neural Network Framework for Extended Redundancy Analysis," Psychometrika, Springer;The Psychometric Society, vol. 87(4), pages 1503-1528, December.
    9. Anish Agarwal & Keegan Harris & Justin Whitehouse & Zhiwei Steven Wu, 2023. "Adaptive Principal Component Regression with Applications to Panel Data," Papers 2307.01357, arXiv.org, revised Oct 2023.
    10. Wang, Wenbin & Hussin, B. & Jefferis, Tim, 2012. "A case study of condition based maintenance modelling based upon the oil analysis data of marine diesel engines using stochastic filtering," International Journal of Production Economics, Elsevier, vol. 136(1), pages 84-92.
    11. Jiawen Hu & Zuhua Jiang & Hong Wang, 2016. "Preventive maintenance for a single-machine system under variable operational conditions," Journal of Risk and Reliability, , vol. 230(4), pages 391-404, August.
    12. Santiago Velásquez & Juho Kanniainen & Saku Mäkinen & Jaakko Valli, 2018. "Layoff announcements and intra-day market reactions," Review of Managerial Science, Springer, vol. 12(1), pages 203-228, January.
    13. Sandip Garai & Ranjit Kumar Paul & Debopam Rakshit & Md Yeasin & Walid Emam & Yusra Tashkandy & Christophe Chesneau, 2023. "Wavelets in Combination with Stochastic and Machine Learning Models to Predict Agricultural Prices," Mathematics, MDPI, vol. 11(13), pages 1-18, June.
    14. Luis A. Barboza & Julien Emile-Geay & Bo Li & Wan He, 2019. "Efficient Reconstructions of Common Era Climate via Integrated Nested Laplace Approximations," Journal of Agricultural, Biological and Environmental Statistics, Springer;The International Biometric Society;American Statistical Association, vol. 24(3), pages 535-554, September.
    15. XiaoFei, Lu & Min, Liu, 2014. "Hazard rate function in dynamic environment," Reliability Engineering and System Safety, Elsevier, vol. 130(C), pages 50-60.
    16. Israel R. Orimoloye & Adeyemi O. Olusola & Johanes A. Belle & Chaitanya B. Pande & Olusola O. Ololade, 2022. "Drought disaster monitoring and land use dynamics: identification of drought drivers using regression-based algorithms," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 112(2), pages 1085-1106, June.
    17. Tanin Sirimongkolkasem & Reza Drikvandi, 2019. "On Regularisation Methods for Analysis of High Dimensional Data," Annals of Data Science, Springer, vol. 6(4), pages 737-763, December.
    18. Paweł Teisseyre & Robert A. Kłopotek & Jan Mielniczuk, 2016. "Random Subspace Method for high-dimensional regression with the R package regRSM," Computational Statistics, Springer, vol. 31(3), pages 943-972, September.
    19. Eric Jacobson, 2021. "Who Votes for Library Bonds? A Principal Component Exploration," Papers 2107.01095, arXiv.org.
    20. Bittencourt, Manoel & Gupta, Rangan & Stander, Lardo, 2014. "Tax evasion, financial development and inflation: Theory and empirical evidence," Journal of Banking & Finance, Elsevier, vol. 41(C), pages 194-208.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jorsoc:v:57:y:2006:i:8:d:10.1057_palgrave.jors.2602058. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.