Remaining Useful Life (RUL)

Predictive Capabilities

Pages 41-45
Why This Matters
Understanding RUL enables proactive replacement planning, reduces catastrophic failures, and optimizes capital expenditure timing.
Litmus Enables
  • Real-time RUL estimation using degradation models
  • Confidence intervals and uncertainty quantification
  • Replacement planning and capital budgeting
  • Warranty and service contract optimization
  • Integration with asset management systems
Discovery Questions
Use these to guide client conversations
  • Current replacement strategy: time-based or failure-based?
  • Average equipment age at failure: __; target life: __
  • Replacement cost: $__; failure cost: $__
  • How many assets need replacement planning?
  • Current capital budget for equipment: $__/year