Kim, Michael Jong; Jiang, Rui; Makis, Viliam; Lee, Chi-Guhn - In: European Journal of Operational Research 214 (2011) 2, pp. 331-339
A new method for predicting failures of a partially observable system is presented. System deterioration is modeled as a hidden, 3-state continuous time homogeneous Markov process. States 0 and 1, which are not observable, represent good and warning conditions, respectively. Only the failure...