Article ID: | iaor19991627 |
Country: | Netherlands |
Volume: | 101 |
Issue: | 1 |
Start Page Number: | 1 |
End Page Number: | 14 |
Publication Date: | Aug 1997 |
Journal: | European Journal of Operational Research |
Authors: | Christer A.H., Wang W., Sharp J.M. |
Keywords: | markov processes |
The paper develops a replacement action decision aid for a key furnace component subject to condition monitoring. A state space model is used to predict the erosion condition of the inductors in an induction furnace in which a measure of the conductance ratio (CR) is used to indirectly assess the relative condition of the inductors, and to guide replacement decisions. This study seeks to improve on this decision process by establishing the relationship between CR and the erosion condition of the inductors. To establish such a relationship, a state space model has been established and the system parameters estimated from CR data. A replacement cost model to balance at any time costly replacements with possible catastrophic failure is also proposed based upon the predicted probability of inductor erosion conditional upon all available information. The well known Kalman filter is employed to derive the predicted and updated probability of inductor erosion level conditional upon CR data to date. This is the first time the condition monitoring decision process has been modelled for real plant based upon filtering theory. The model fits the data well, gives a sensible answer to the actual problem, and is transferable to other condition monitoring contexts. Possible extensions are discussed in the paper.