
Title

Expert Knowledge Based Reliability Models: Theory and Case Study: Integrating Data and Expert Opinion Using Bayesian Statistics ,Used
Delivery time: 8-12 business days (International)
Recently there has been an increasing interest in what is called Evidence Based Asset Management. The principle of EBAM is to use all available information in form of statistical data or expert knowledge to frame the problem as a mathematical model which can be solved by optimization techniques. As we employ complex reliability and maintenance models it becomes difficult to find the necessary statistical data in appropriate formats. Available knowledge elicitation techniques usually require high proficiency in statistical and cognitive techniques. In this book after a comprehensive review of the literature on knowledge elicitation and formulation techniques, I have presented a simple methodology that elicits expert knowledge to be used in different reliability models. The models can be updated later with statistical data by applying Bayesian statistics. The theory is complemented by a real industrial case study. Although the case study is based on a rather complex reliability model, the technique can easily be employed in more simple situations such as for Weibull distribution. The book is intended for engineers, consultants, and students in the field of asset management.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.