The process industry is increasingly making use of Risk Based Inspection (RBI) techniques to develop cost and/or safety optimal inspection plans. This paper makes use of the gamma stochastic deterioration process to model the corrosion damage mechanism. This model is successfully extended to update prior knowledge over the corrosion rate with imperfect wall thickness measurements. This is very important in the process industry as current non-destructive inspection techniques are not capable of measuring the exact material thickness, nor can these inspections cover the total surface area of the component. The model is illustrated by examples using actual plant data.
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