Leopard233
Electrical
- Jun 21, 2006
- 1
I work for a cement company and my project is to basically predict when several pieces of equipment are going to fail for cost estimate etc. I have a lot of historical data and frequency of work done on each piece of equipment but no "normal life expectancy" but do have this particular plant's life expectancy. How do I calculate a "normal life expectancy" and how would I tie the difference between the "normal life expectancy" and the plant's expected life expectancy into a final calculation for a prediction on when I should replace these specific pieces of equipment?a