You Can't Condition Monitor Random Failures
In a typical plant, only a small proportion of failure modes have a failure rate that increases with age. As a result, age-based overhaul and replacement are not appropriate management tools for most failures.
Condition monitoring—checking to see whether a failure is about to occur and intervening before it happens—is the strategy of choice to manage random failures. But is it really applicable to a purely random failure pattern?
The answer may surprise you.
Document Copyright
Copyright © 2013 numeratis.com. Licensed for personal use only under a Creative Commons Attribution-Noncommercial-No Derivatives 3.0 Unported Licence. You may use this work for noncommercial purposes only. You may copy and distribute this work in its entirety provided that it is attributed to the author in the same way as in the original document. You may not create derivative works based on this work.
Terms of Use
Neither the author nor the publisher accepts any responsibility for the application of the information presented in this book, nor for any errors or omissions. The reader accepts full responsibility for the application of the techniques described in this text.