Bayesian Fusion of Degradation and Failure Time Data for Reliability Assessment of Industrial Equipment Considering Individual Differences
Guo‐Zhong Fu, Xian Zhang, Wei Li, Junyu Guo
Abstract
In the field of industrial equipment reliability assessment, dependency on either degradation or failure time data is common. However, practical applications often reveal that single-type reliability data for certain industrial equipment are insufficient for a comprehensive assessment. This paper introduces a Bayesian-fusion-based methodology to enhance the reliability assessment of industrial equipment. Operating within the hierarchical Bayesian framework, the method innovatively combines the Wiener process with available degradation and failure time data. It further integrates a random effects model to capture individual differences among equipment units. The robustness and applicability of this proposed method are substantiated through an in-depth case study analysis.