Formula Risk Scoring
Sample use case: Measure how heavily each vehicle is being used relative to how long it's been in service. This way, you can spot an overworked vehicle that will need replacement sooner.
Vehicle: 2023 Ford Transit Van
In service date: 200 days ago
Total Miles Driven: 25,000
Expected Daily Miles: 100
Formula: utilization Ratio = (25,000 / (200x100) ) x 100 = 125%
"By calculating the Utilization Ratio, the fleet manager noticed one van was running 125% of expected load - it had double the brake replacements compared to others. They rotated routes, balanced usage, and reduced unplanned maintenance by 18%."
OR
HVAC Unit: Rooftop RTU-3
In Service: 120 days ago
Compressor Run Hours: 1800
Formula: Utilization Ratio = (1,800/ (120 x 24) ) x100 = 62.5%
(24 hours/day represents full availability)
"When Eptura Asset showed RTU-3's utilization at 90%, facilities discovered it was cooling a high-load server closet on an outdated schedule. They split the load with a secondary unit and reduced runtime by 35% - saving energy and extending compressor life."
UI/UX
If-Then Action Color Logic, Highlight this asset in the asset table and add a widget to instantly spot stressed assets.
Great news - your idea has been approved for inclusion in our product roadmap! Please note that the final feature set may evolve as we incorporate additional customer feedback, conduct product and design research, and consider broader use cases beyond the original request. We appreciate your input and will keep you updated as development progresses.
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Ro Kharawala
commented
More calcs MTBF to predict next failure date or recency-weighted next failure to identify if there has been an increase in failure frequency.