Quantitative risk prognostics framework based on Petri Net and Bow-Tie models
(2017)
Journal Article
Vileiniskis, M., & Remenyte-Prescott, R. (2017). Quantitative risk prognostics framework based on Petri Net and Bow-Tie models. Reliability Engineering and System Safety, 165, 62-73. https://doi.org/10.1016/j.ress.2017.03.026
A simulation framework based on the Petri Net model is proposed in this paper used for performing quantitative risk prognosis through extending the Bow-Tie model. A Petri Net model is built to include features, specific to assets, such as the conditi... Read More about Quantitative risk prognostics framework based on Petri Net and Bow-Tie models.