A state-of-the-art prediction of the remaining life of a product is discussed in detail in this paper on the basis of a literature study. The objective is to develop a robust model for estimating the remaining life of a product on the basis of data collected during its operating life. Very little research has been devoted to the remaining life prediction as a whole, but most research has been focused on predicting the mean time between failures (MTBF) and/or mean time to failure (MTTF). The authors of this paper have gathered this information to reflect the nature of the work of researchers to date and use it as a basis for model development.
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Kara et al. (2004) studied this question.
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