EconPapers    
Economics at your fingertips  
 

Optimal sensor positioning on pressurized equipment based on Value of Information

Seyed Mojtaba Hoseyni, Francesco Di Maio and Enrico Zio

Journal of Risk and Reliability, 2021, vol. 235, issue 4, 533-544

Abstract: In this work, we apply a simulation-based framework that makes use of the Value of Information (VoI) for identifying the optimal spatial positioning of sensors on pressurized equipment. VoI is a utility-based Figure of Merit (FoM) which quantifies the beneï¬ ts/losses of acquiring information. Sensors are typically positioned on pressurized equipment in line with specific recommendations based on operational experience, like UNI 11096 in Italy. We show that the recommendations in UNI 11096 are, indeed, justified and that, incidentally, relying on VoI for the optimization of the sensor positioning, one can achieve the same monitoring performance, as measured by VoI, where following UNI 11096, but with a reduced number of sensors. The proposed VoI-based approach can, thus, be used to confirm or revise recommendations coming from operational experience.

Keywords: Value of Information; optimization; sensors positioning; Bayesian statistics; pressure vessel; creep (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/1748006X21989661 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:risrel:v:235:y:2021:i:4:p:533-544

DOI: 10.1177/1748006X21989661

Access Statistics for this article

More articles in Journal of Risk and Reliability
Bibliographic data for series maintained by SAGE Publications ().

 
Page updated 2025-03-19
Handle: RePEc:sae:risrel:v:235:y:2021:i:4:p:533-544