http://www.highbeam.com/doc/1G1-208414543.html

Article: Scientists at Fatih University publish research in safety engineering.

According to recent research from Turkey, "Condition Based Maintenance (CBM) aims to balance two extreme sides (i.e., Corrective Maintenance ( CM), and Preventive Maintenance ( PM)) by observing and forecasting the real time health of machines. Recent developments in CBM revealed promising technologies for advanced fault detection, and forecasting."

"Traditional maintenance scheduling in CBM is based on the threshold setting on forecasted failure probability, or remaining useful life (RUL) for individual components. However, this approach may not give the best result for the system, because individual components are inter-related, and mutually dependent. It is ...