Asset Failure Metric Report
Supporting the Asset Failure workspaces, is the Asset Failure report. This report displays a number of key metrics for an asset, including the number of failures, MTTR (Mean Time To Repair), MTBF (Mean Time Between Failures) and Asset Availability. This information is shown in a single report so the user has detailed information available to evaluate performance of various assets, and to evaluate their life cycles.
The report provides answers to key questions including ‘How many times did the asset fail?’ ‘How long did it take to repair the asset?’ ‘What is the length of time between an asset’s failures’ ‘What is the average availability of the asset?