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1 – 4 of 4Xiao Yang and Xinbo Qian
Hydraulic slide valve failure often results from competing failure modes, termed competitive failure. To enhance prediction accuracy for hydraulic slide valve remaining useful…
Abstract
Purpose
Hydraulic slide valve failure often results from competing failure modes, termed competitive failure. To enhance prediction accuracy for hydraulic slide valve remaining useful life, the authors propose a method incorporating competitive failure and Monte Carlo simulation. This method allows for more accurate prediction of hydraulic slide valve remaining useful life.
Design/methodology/approach
In this paper, the competitive failure mode of the hydraulic slide valve is analyzed by studying the two failure modes of the hydraulic slide valve, and the prediction of the remaining useful life of the hydraulic slide valve is studied by using the sample set generated by Monte Carlo simulation and the competitive failure joint model.
Findings
The results show that the proposed prediction method based on competitive failure and Monte Carlo simulation is more accurate than the traditional Bayesian joint model prediction method when dealing with the failure mode competition phenomenon of hydraulic slide valve.
Originality/value
In this paper, the remaining useful life prediction of hydraulic slide valve with competitive failure characteristics is studied, which provides a new idea for the remaining useful life prediction method.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-11-2023-0361/
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The purpose of this paper is to present an integrated data-driven framework for processing and analyzing large-scale vehicle maintenance records to get more comprehensive…
Abstract
Purpose
The purpose of this paper is to present an integrated data-driven framework for processing and analyzing large-scale vehicle maintenance records to get more comprehensive understanding on vehicle quality.
Design/methodology/approach
We propose a framework for vehicle quality analysis based on maintenance record mining and Bayesian Network. It includes the development of a comprehensive dictionary for efficient classification of maintenance items, and the establishment of a Bayesian Network model for vehicle quality evaluation. The vehicle design parameters, price and performance of functional systems are modeled as node variables in the Bayesian Network. Bayesian Network reasoning is then used to analyze the influence of these nodes on vehicle quality and their respective importance.
Findings
A case study using the maintenance records of 74 sport utility vehicle (SUV) models is presented to demonstrate the validity of the proposed framework. Our results reveal that factors such as vehicle size, chassis issues and engine displacement, can affect the chance of vehicle failures and accidents. The influence of factors such as price and performance of engine and chassis show explicit regional differences.
Originality/value
Previous research usually focuses on limited maintenance records from a single vehicle producer, while our proposed framework enables efficient and systematic processing of larger-scale maintenance records for vehicle quality analysis, which can support auto companies, consumers and regulators to make better decisions in purchase choice-making, vehicle design and market regulation.
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Dongwei Wang, Faqiang Li, Yang Zhao, Fanyu Wang and Wei Jiang
This paper aims to study the tribological characteristics of the electrical contact system under different displacement amplitudes.
Abstract
Purpose
This paper aims to study the tribological characteristics of the electrical contact system under different displacement amplitudes.
Design/methodology/approach
First, the risk frequency of real nuclear safety distributed control system (DCS) equipment is evaluated. Subsequently, a reciprocating friction test device which is characterized by a ball-on-flat configuration is established, and a series of current-carrying tribological tests are carried out at this risk frequency.
Findings
At risk frequency and larger displacement amplitude, the friction coefficient visibly rises. The reliability of the electrical contact system declines as amplitude increases. The wear morphology analysis shows that the wear rate increases significantly and the degree of interface wear intensifies at a larger amplitude. The wear area occupied by the third body layer increases sharply, and the appearance of plateaus on the surface leads to the increase of friction coefficient and contact resistance. EDS analysis suggests that oxygen elements progressively arise in the third layer as a result of increased air exposure brought on by larger displacement amplitude.
Originality/value
Results are significant for recognizing the tribological properties of electrical connectors in nuclear power control systems.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-03-2024-0098/
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Shuangyan Li, Muhammad Waleed Younas, Umer Sahil Maqsood and R. M. Ammar Zahid
The increasing awareness and adoption of technology, particularly artificial intelligence (AI), reshapes industries and daily life, fostering a proactive approach to risk…
Abstract
Purpose
The increasing awareness and adoption of technology, particularly artificial intelligence (AI), reshapes industries and daily life, fostering a proactive approach to risk management and leveraging advanced analytics, which may affect the stock price crash risk (SPCR). The main objective of the current study is to explore how AI adoption influences SPCR.
Design/methodology/approach
This study employs an Ordinary Least Squares (OLS) fixed-effect regression model to explore the impact of AI on SPCR in Chinese A-share listed companies from 2010 to 2020. Further, number of robustness analysis (2SLS, PSM and Sys-GMM) and channel analysis are used to validate the findings.
Findings
The primary findings emphasize that AI adoption significantly reduces SPCR likelihood. Further, channel analysis indicates that AI adoption enhances internal control quality, contributing to a reduction in firm SPCR. Additionally, the observed relationship is notably more pronounced in non-state-owned enterprises (non-SOEs) compared to state-owned enterprises (SOEs). Similarly, this distinction is heightened in nonforeign enterprises (non-FEs) as opposed to foreign enterprises (FEs). The study finding also supports the notion that financial analysts enhance transparency, reducing the SPCR. Moreover, the study results consistently align across different statistical methodologies, including 2SLS, PSM and Sys-GMM, employed to effectively address endogeneity concerns.
Research limitations/implications
Our study stands out for its distinctive focus on the financial implications of AI adoption, particularly how it influences firm-level SPCR, an area that has been overlooked in previous research. Through the lens of information asymmetry theory, agency theory, and the economic implications of integrating AI into financial markets, our study makes a substantial contribution in mitigating SPCR.
Originality/value
This study underscores the pivotal role of AI adoption in influencing stock markets for enterprises in China. Embracing digital strategies, fostering transparency and prioritizing talent development are key for reaping substantial benefits. The study recommends regulatory bodies and service providers to promote AI adoption in strengthening financial supervision and ensure market stability, emphasizing the importance of investing in technologies and advancing talent development.
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