... costing maintenance engineering Monte Carlo methods pipelines probability stochastic processes 23 07 2009 17 08 2010 06 04 2011 06 04 2011 2011 American Society of Mechanical Engineers ...

..., for each failure cause in each system, the type of stochastic process that best fits the reported failure data, the estimate of the failure rate, and the predicted reliability trend. Figure 4 shows how the failure rates evolves with time, with TG being the rate function derived from the data on corrosion...