Hi there,
I am working on analyzing product failure rate in the field and my formula is a simple failure rate divided by install base.
However, I wanted to apply predictive analytics to the failure rate from actual data. In such, where I can see how the failure rate will be 6-18 months down the road.
Wonder if there is any good models to recommend for this?
Appreciate your advices
Thank you
I am working on analyzing product failure rate in the field and my formula is a simple failure rate divided by install base.
However, I wanted to apply predictive analytics to the failure rate from actual data. In such, where I can see how the failure rate will be 6-18 months down the road.
Wonder if there is any good models to recommend for this?
Appreciate your advices
Thank you