charles_reed
Active member
Those of you on the oilfields will know this acronym - Planned Preventative Maintenance.
It's based on having statistically significant records for your machinery and the various failure modes and acting to replace/repair before the probability of failure goes above the 10% level.
How about a quantitative report from all of us about the various parts of a boat - I'd rather change things just-in-time than wait until one has a failure at (if lucky) and inconvenient time (if unlucky) at a time of crisis.
In fact wouldn't that be a more valuable board than one on the price of fuel-oil?
It's based on having statistically significant records for your machinery and the various failure modes and acting to replace/repair before the probability of failure goes above the 10% level.
How about a quantitative report from all of us about the various parts of a boat - I'd rather change things just-in-time than wait until one has a failure at (if lucky) and inconvenient time (if unlucky) at a time of crisis.
In fact wouldn't that be a more valuable board than one on the price of fuel-oil?