System and method for estimation of asset lifetimes
OwnerChristian J. Darken, William Hasling +2inventors
InventorsChristian J. Darken, William Hasling, Markus Loecher, Andreas Mueller
Life of this patent
Estimating the term…
Abstract
This invention relates to the estimation of asset lifetimes. An embodiment of the invention includes a method for estimation of asset lifetimes, that has the steps of inputting historic asset data into a system, generating a wear index for an asset based on the historical asset data, computing an amount of wear of an asset based on the wear index, and generating a remaining life of the asset based on the amount of wear of the asset.
Claims8
A method for lifetime estimation of assets comprising the steps of:
- inputting asset data into a system;
- generating a wear index for an asset based on said asset data;
- computing an amount of wear of an asset based on said wear index;
- and
- generating a remaining life of said asset based on said amount of wear.
A program storage device readable by machine, tangibly embodying a program of instructions executable by the machine to perform method steps for lifetime estimation of assets, the method steps comprising:
- inputting asset data into a system;
- generating a wear index for an asset based on said asset data;
- computing an amount of wear of an asset based on said wear index;
- and
- generating a remaining life of said asset based on said amount of wear.
Dependencies are inferred from the claim text.