The verification of a reliability target is one of the last and most expensive steps in the development process of a technical product. It ensures a certain level of product reliability prior to market release and provides a limit for expected warranty costs. Depending on product complexity and diversity as well as production volumes, a sufficient verification of a challenging target may...
Efficient control of spare parts inventory is essential for maintaining the availability of engineering systems operating under progressive degradation. This paper proposes an adaptive decision-support framework that integrates stochastic degradation modeling with data-driven control policies for inventory management. By continuously updating the risk of failure and its implications for future...
Scrap-based steel production plays an essential role in promoting sustainable industrial practices by significantly reducing energy consumption and greenhouse gas emissions compared with conventional ore-based steelmaking. Despite these benefits, maintaining high operational efficiency, reducing the costs associated with recycling operations, and ensuring product quality in scrap-based...