Innovations in technology have made the structure of leased equipment more complex,
which poses a challenge for lessors to develop maintenance policies. In view of the situation …

Reasonable assessment of structural resistance degradation and reliability is the premise of
formulating targeted maintenance strategy of aging structures. In this paper, a Gamma …

Wear of wheel profiles is a common degradation process that significantly impacts the
reliability of wheelsets. In this study, a conditional bivariate Gamma process is constructed to …

Stochastic processes are widely used to describe continuous degradation, among which the
monotonically increasing degradation is most common. However, the observation is often …

The performance of units in the same batch can exhibit considerable heterogeneity due to
the variation in the raw materials and fluctuation in the manufacturing process. For products …

Degradation-based prognostics is crucial for the health management of technological
systems. In this work, we are interested in the degradation index construction and remaining …

Degradation modelling plays a vital role in reliability engineering. Existing degradation
models mainly focus on degradation data with a single degradation characteristic (DC) and …

This paper explores how the dependence between competing failure processes affects the
condition-based preventive maintenance policy. The exposed failures caused by …

Since the degradation process is dependent on the environmental stresses, degrading
products operating under dynamic environments can have time-varying degradation rates …

Due to growing consumer demands for immediacy, personalization, and high availability,
equipment manufacturers are venturing into the sharing market with expanded shared …