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Reliability and Survival Methods > Reliability Forecast > Overview of the Reliability Forecast Platform
Publication date: 11/10/2021

Overview of the Reliability Forecast Platform

The Reliability Forecast platform helps you predict the number of future failures. JMP estimates the parameters for a life distribution using production dates, failure dates, and production volume. Using the interactive graphs, you can adjust factors such as future production volumes and contract length to estimate future failures. Repair costs can be incorporated into the analysis to forecast the total cost of repairs across all failed units.

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