Bayesian Reliability and Performance Assessment for Multi-State Systems

This paper develops a Bayesian framework to assess the reliability and performance of multi-state systems (MSSs). An MSS consists of multiple multi-state components of which the degradation follows a Markov process. Due to the lack of sufficient data, and only vague knowledge from experts, the transition intensities of multi-state components between any pair of states and the state probabilities cannot be precisely estimated. The proposed...