Quantitative risk prognostics framework based on Petri Net and Bow-Tie models

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 condition of the asset, the projected operational usage,...

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Bibliographic Details
Main Authors: Vileiniskis, Marius, Remenyte-Prescott, Rasa
Format: Article
Published: Elsevier 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/41560/