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System and method for analyzing different scenarios for operating and designing equipment

  • US 6,532,426 B1
  • Filed: 09/17/1999
  • Issued: 03/11/2003
  • Est. Priority Date: 09/17/1999
  • Status: Expired due to Term
First Claim
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1. A method for analyzing an equipment module, the method comprising:

  • providing an array of failure probability values for the equipment module, wherein the array of failure probability values provides an indication of the probability that the equipment module will fail at a plurality of different times; and

    determining a cost of operating the equipment module, comprising calculating the cost of operating the equipment module at each of the different times using the array of failure probability values, so that the cost calculated at each of the different times is proportional to the probability that the equipment module will fail at the respective time.

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