Failure Rate

on . Posted in Project Management Engineering

Failure rate, abbreviated as FR, is the anticipated number of times that an asset or piece of equipment fails in a specific period of time.

 

Failure Rate Formula

\(\large{ FR =  \frac{ TF }{ TT }   }\)
Symbol
\(\large{ FR }\) = failure rate
\(\large{ TF }\) = total amount of failures
\(\large{ TT }\) = total amount of time

 

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