After you have created a Reliability Distribution Analysis, the following options are available:
The most important piece of data for distributions is Time to Failure (TTF), which is also sometimes known as Time to Event (TTE) or Time Between Failures (TBF).
Suppose that you have the following timeline, where each number represents the amount of time that passes between failures.
Installation | 5 | 11 | 23 | 38 | 16 | 22 | 44 | 32 | Out of Service |
You could fit a Weibull Distribution to this data. A Probability Density Function (PDF) is similar to a histogram of the raw TTF data:
The distribution shows:
This type of graph counts the number of failures between certain periods. This creates a curve, which you can examine and ask: At 15 time units, how many failures can I expect to have? The answer: Between two and three failures. You are distributing the failures over the life of the equipment so that at any given point in that life, you can calculate the probability that the equipment will fail. This calculation is generated based on the area under the curve, as shown in the previous graphic. In practice, the PDF is adjusted in such a way that the area under the curve is exactly one, and the number on the y-axis represents the number of failures per time unit.
You select your historical data: other pieces of equipment by the same manufacturer, other pieces of equipment in the same location, other pieces of equipment of the same type, etc. For example, suppose that you want to buy a new pump. You could perform a Distribution Analysis on the other pumps of the same model to predict the reliability of the new pump.
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