Artificial intelligence-based human-centric decision support framework: an application to predictive maintenance in asset management under pandemic environments

Pandemic events, particularly the current Covid-19 disease, compel organisations to re-formulate their day-to-day operations for achieving various business goals such as cost reduction. Unfortunately, small and medium enterprises (SMEs) making up more than 95% of all businesses is the hardest hit se...

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Published inAnnals of operations research Vol. 350; no. 2; pp. 493 - 516
Main Authors Chen, Jacky, Lim, Chee Peng, Tan, Kim Hua, Govindan, Kannan, Kumar, Ajay
Format Journal Article
LanguageEnglish
Published New York Springer US 01.07.2025
Springer Nature B.V
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Abstract Pandemic events, particularly the current Covid-19 disease, compel organisations to re-formulate their day-to-day operations for achieving various business goals such as cost reduction. Unfortunately, small and medium enterprises (SMEs) making up more than 95% of all businesses is the hardest hit sector. This has urged SMEs to rethink their operations to survive through pandemic events. One key area is the use of new technologies pertaining to digital transformation for optimizing pandemic preparedness and minimizing business disruptions. This is especially true from the perspective of digitizing asset management methodologies in the era of Industry 4.0 under pandemic environments. Incidentally, human-centric approaches have become increasingly important in predictive maintenance through the exploitation of digital tools, especially when the workforce is increasingly interacting with new technologies such as Artificial Intelligence (AI) and Internet-of-Things devices for condition monitoring in equipment maintenance services. In this research, we propose an AI-based human-centric decision support framework for predictive maintenance in asset management, which can facilitate prompt and informed decision-making under pandemic environments. For predictive maintenance of complex systems, an enhanced trust-based ensemble model is introduced to undertake imbalanced data issues. A human-in-the-loop mechanism is incorporated to exploit the tacit knowledge elucidated from subject matter experts for providing decision support. Evaluations with both benchmark and real-world databases demonstrate the effectiveness of the proposed framework for addressing imbalanced data issues in predictive maintenance tasks. In the real-world case study, an accuracy rate of 82% is achieved, which indicates the potential of the proposed framework in assisting business sustainability pertaining to asset predictive maintenance under pandemic environments.
AbstractList Pandemic events, particularly the current Covid-19 disease, compel organisations to re-formulate their day-to-day operations for achieving various business goals such as cost reduction. Unfortunately, small and medium enterprises (SMEs) making up more than 95% of all businesses is the hardest hit sector. This has urged SMEs to rethink their operations to survive through pandemic events. One key area is the use of new technologies pertaining to digital transformation for optimizing pandemic preparedness and minimizing business disruptions. This is especially true from the perspective of digitizing asset management methodologies in the era of Industry 4.0 under pandemic environments. Incidentally, human-centric approaches have become increasingly important in predictive maintenance through the exploitation of digital tools, especially when the workforce is increasingly interacting with new technologies such as Artificial Intelligence (AI) and Internet-of-Things devices for condition monitoring in equipment maintenance services. In this research, we propose an AI-based human-centric decision support framework for predictive maintenance in asset management, which can facilitate prompt and informed decision-making under pandemic environments. For predictive maintenance of complex systems, an enhanced trust-based ensemble model is introduced to undertake imbalanced data issues. A human-in-the-loop mechanism is incorporated to exploit the tacit knowledge elucidated from subject matter experts for providing decision support. Evaluations with both benchmark and real-world databases demonstrate the effectiveness of the proposed framework for addressing imbalanced data issues in predictive maintenance tasks. In the real-world case study, an accuracy rate of 82% is achieved, which indicates the potential of the proposed framework in assisting business sustainability pertaining to asset predictive maintenance under pandemic environments.
Pandemic events, particularly the current Covid-19 disease, compel organisations to re-formulate their day-to-day operations for achieving various business goals such as cost reduction. Unfortunately, small and medium enterprises (SMEs) making up more than 95% of all businesses is the hardest hit sector. This has urged SMEs to rethink their operations to survive through pandemic events. One key area is the use of new technologies pertaining to digital transformation for optimizing pandemic preparedness and minimizing business disruptions. This is especially true from the perspective of digitizing asset management methodologies in the era of Industry 4.0 under pandemic environments. Incidentally, human-centric approaches have become increasingly important in predictive maintenance through the exploitation of digital tools, especially when the workforce is increasingly interacting with new technologies such as Artificial Intelligence (AI) and Internet-of-Things devices for condition monitoring in equipment maintenance services. In this research, we propose an AI-based human-centric decision support framework for predictive maintenance in asset management, which can facilitate prompt and informed decision-making under pandemic environments. For predictive maintenance of complex systems, an enhanced trust-based ensemble model is introduced to undertake imbalanced data issues. A human-in-the-loop mechanism is incorporated to exploit the tacit knowledge elucidated from subject matter experts for providing decision support. Evaluations with both benchmark and real-world databases demonstrate the effectiveness of the proposed framework for addressing imbalanced data issues in predictive maintenance tasks. In the real-world case study, an accuracy rate of 82% is achieved, which indicates the potential of the proposed framework in assisting business sustainability pertaining to asset predictive maintenance under pandemic environments.Pandemic events, particularly the current Covid-19 disease, compel organisations to re-formulate their day-to-day operations for achieving various business goals such as cost reduction. Unfortunately, small and medium enterprises (SMEs) making up more than 95% of all businesses is the hardest hit sector. This has urged SMEs to rethink their operations to survive through pandemic events. One key area is the use of new technologies pertaining to digital transformation for optimizing pandemic preparedness and minimizing business disruptions. This is especially true from the perspective of digitizing asset management methodologies in the era of Industry 4.0 under pandemic environments. Incidentally, human-centric approaches have become increasingly important in predictive maintenance through the exploitation of digital tools, especially when the workforce is increasingly interacting with new technologies such as Artificial Intelligence (AI) and Internet-of-Things devices for condition monitoring in equipment maintenance services. In this research, we propose an AI-based human-centric decision support framework for predictive maintenance in asset management, which can facilitate prompt and informed decision-making under pandemic environments. For predictive maintenance of complex systems, an enhanced trust-based ensemble model is introduced to undertake imbalanced data issues. A human-in-the-loop mechanism is incorporated to exploit the tacit knowledge elucidated from subject matter experts for providing decision support. Evaluations with both benchmark and real-world databases demonstrate the effectiveness of the proposed framework for addressing imbalanced data issues in predictive maintenance tasks. In the real-world case study, an accuracy rate of 82% is achieved, which indicates the potential of the proposed framework in assisting business sustainability pertaining to asset predictive maintenance under pandemic environments.
Author Govindan, Kannan
Lim, Chee Peng
Kumar, Ajay
Chen, Jacky
Tan, Kim Hua
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Keywords Asset management
Small and medium enterprises
Pandemic preparedness
Artificial Intelligence
Decision support
Predictive maintenance
Small- and medium-sized enterprises
Artificial intelligence
Language English
License The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2021.
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SubjectTerms Artificial intelligence
Asset management
Business administration
Business and Management
Combinatorics
Complex systems
Condition monitoring
COVID-19
Decision making
Decision support systems
Digitization
Economics and Finance
Humanities and Social Sciences
Industrial applications
Industry 4.0
Internet of Things
Knowledge management
New technology
Operations Research/Decision Theory
Original Research
Pandemics
Predictive maintenance
Small business
Theory of Computation
Title Artificial intelligence-based human-centric decision support framework: an application to predictive maintenance in asset management under pandemic environments
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