Economic analysis of canary-based prognostics and health management

Wenbin Wang, Michael Pecht

    Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

    76 Citations (Scopus)

    Abstract

    Prognostics and health management (PHM) is a discipline of techniques utilizing in situ monitoring and analysis to assess and trend system degradation and to determine remaining useful life with a defined level of confidence for a specified coverage of anticipated events. One of the techniques for PHM is the use of a canary: an early-warning device derived from the use of a canary bird to detect the presence of poisonous gases in a mineshaft. This paper proposes a cost-based decision model to evaluate the economic benefit of the use of canary devices and the optimal replacement time of a canary-equipped system if the canary issues a warning. This paper also discusses the influence of scheduled preventive maintenance on the replacement policy of a canary-equipped system. The model is demonstrated with an example from the aviation industry. © 2006 IEEE.
    Original languageEnglish
    Article number5560814
    Pages (from-to)3077-3089
    JournalIEEE Transactions on Industrial Electronics
    Volume58
    Issue number7
    DOIs
    Publication statusPublished - Jul 2011

    Research Keywords

    • Canary
    • cost
    • economic
    • electronic systems
    • health management
    • prognostics
    • prognostics and health management (PHM)
    • replacement

    Fingerprint

    Dive into the research topics of 'Economic analysis of canary-based prognostics and health management'. Together they form a unique fingerprint.

    Cite this