Method for online service policy tracking using optimal asset controller

A method of customizable service for an asset, the method comprising:

• generating a predictive model for each asset of a plurality of assets forming a fleet, each predictive model based on an operational profile for the asset, the predictive model including a probability density function associated with the operational durability of the asset;
• establishing a maintenance strategy associated with at least one asset associated with the fleet, the maintenance strategy including user defined metrics;
• combining each of the predictive models to generate a predicted compound fleet performance model, the fleet performance model including a combined probability density function;
• collecting actual asset performance and maintenance data for the at least one asset of the plurality of assets to generate actual asset metrics;
• determining, by a computer processor, a fleet performance profile based on the actual asset metrics indicative of a health assessment of the fleet;
• comparing, by the computer processor, the predicted fleet performance profile with the actual fleet performance profile;
• and
• ascertaining actionable choices for managing the assets based on a deviation of the predicted fleet performance profile and the actual fleet performance profile.