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Method and system of forecasting unscheduled component demand

  • US 7,370,001 B2
  • Filed: 02/12/2002
  • Issued: 05/06/2008
  • Est. Priority Date: 02/12/2002
  • Status: Expired due to Term
First Claim
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1. A computer-implemented method for determining a time interval at which unscheduled demand for the components is expected to occur, comprising:

  • computing a plurality of statistical models for a probability of unscheduled component demand as a function of time and a failure rate of a component, wherein each of the plurality of computed statistical models includes a distinct linear combination of variables pertaining to component use, and wherein each of the computed statistical models comprises an N-erlang distribution wherein the N-erlang distribution includes a parameter λ

    ;

    for each component, collecting historical unscheduled component demand data;

    for each component, using the collected historical unscheduled component demand data to select one computed statistical model from the plurality of computed statistical models, wherein the selected computed statistical model most closely matches the historical unscheduled component demand data, and wherein the step of selecting one of the computed statistical models includes selecting an equation for the parameter λ

    ;

    for each component, selecting an allowable probability of underestimating an average failure rate, α

    ; and

    using the selected computed statistical model to calculate a time interval at which the unscheduled component demand is expected to occur.

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