Optimizing deep reinforcement learning policies for deteriorating systems considering ordered action structuring and value of information

Inspection and maintenance (I&M) optimization entails many sources of computational complexity, among others, due to high-dimensional decision and state variables in multi-component systems, long planning horizons, stochasticity of objectives and constraints, and inherent uncertainties in measurements and models. This paper studies how the...

Application of value of information theory in adaptive metamodeling for reliability assessment

The present paper discusses the application principles of value of information theory in adaptive metamodeling for reliability analysis. Metamodeling for reliability purposes has become particularly relevant in recent years. The usage of metamodels allows surrogating the, costly to evaluate, performance functions of engineering structures....

Value of information of combinations of proof loading and pore pressure monitoring for flood defences

Spatial variability and limited measurements often result in low reliability estimates of geotechnical failure modes of dikes (i.e., earthen flood defences). Required dike reinforcements are usually not executed within a few years after inception, which enables efforts to improve reliability estimates by reducing uncertainty. Often decision...

Influence of Monitoring on Investment Planning of Flood Defence Systems

Many flood defences in the Netherlands will have to be reinforced in the coming decades. Many dikes do not fulfill the safety standard due to geotechnical failure modes, largely due to epistemic, reducible uncertainties. . The Value of Information is a measure to indicate beforehand whether an investment towards reducing epistemic uncertainty is...

Value of Information of Structural Health Monitoring in Asset Management of Flood Defences

One of the most rapidly emerging measures in infrastructure asset management is Structural Health Monitoring (SHM), which aims at reducing uncertainty in structural performance by using monitoring equipment. As earthen flood defence structures typically have large strength uncertainties, such techniques can be particularly promising. However,...

Value of information in closed-loop reservoir management

Over the past decades, many technological advances have unlocked new opportunities to boost efficiency in the oil and gas industry (e.g., complex well drilling, injection of advanced chemicals, sophisticated instrumentation). The real engineering challenge is to apply these technologies in the best possible way for each particular case. This...

A Framework for Risk Assessment of Groundwater Drawdown Induced Subsidence

Sub-surface constructions generally involve drainage of groundwater, which can induce land subsidence in compressible soil deposits and cause extensive damage costs in urban areas. A probabilistic framework, in accordance with the risk management framework outlined by the International Standard Organization (ISO), for assessing risks of...

Value of information in closed-loop reservoir management

This paper proposes a new methodology to perform value of information (VOI) analysis within a closed-loop reservoir management (CLRM) framework. The workflow combines tools such as robust optimization and history matching in an environment of uncertainty characterization. The approach is illustrated with two simple examples: an analytical...

Value of information in closed-loop reservoir management

This paper proposes a new methodology to perform value of information (VOI) analysis within a closed-loop reservoir management (CLRM) framework. The workflow combines tools such as robust optimization and history matching in an environment of uncertainty characterization. The approach is illustrated with two simple examples: an analytical...

Inventory control with product returns: The impact of imperfect information

Product returns are characterized by considerable uncertainty on time and quantity. In the literature on inventory management for product return environments best forecasts of future returns are associated with methods that use the most information regarding product return history. In practice, however, data is often scarce and unreliable, while...