Tag Archives: Survival
MTTF is the area under the reliability curve
The reliability curve, also known as the survival graph eventually approaches 0 as time goes to infinity. How do we show that the area below the reliability curve is equal to the mean time to failure (MTTF) or average life … Continue reading
Warranty for haul trucks
You have a fleet of 60 haul trucks. You have been told by the OEM that they allocate 5% of the purchase price to cover repairs during the warranty period. The rationale for this is that the warranty is meant … Continue reading