Module 6 Analysis of Field Data — Warranty Forecasting
Lesson M06-02
Duration: 24 minutes
Here, we introduce a common way to set up the failure and volumes data for the analysis. Then, we apply conditional failure probabilities to calculate the expected failures for different vintages of units at risk in the field. Finally, we see how by repeating this calculation for different vintages and different forecast periods, we can develop a complete forecast of future returns.
Reliability Reference Textbook – Section 13, Pages 2-11