Prognostic Modelling with Dynamic Bayesian Networks
Date
2009-11-04T00:00:00Z
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Conference paper
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Abstract
In this paper, we review the application of dynamic Bayesian networks to prognostic modelling. An example is provided for illustration. With this example, we show how the equipment’s reliability decays over time in the situation where repair is not possible and then how a simple change to the model allows us to represent different maintenance policies for repairable equipmen
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Keywords
Numerical modelling, Numerical analysis, Bayesian statistical decision theory, Probability and statistics, Risk assessment, Risk analysis, Forecasting