OREST - Optimal Replacement in the Short Term
OREST software is designed to help managers analyze their reliability data and obtain optimal replacement policies based on the data available.
OREST can execute Trend Analysis of failure data, and Weibull Analysis.
Using information about components; failure and suspension event information; and operating cost functions for components, OREST can execute Trend Analysis of failure data, and Weibull Analysis, and then obtain the optimal preventive replacement policy.
OREST will also identify the optimal change-out time for components that do not unexpectedly fail, but result in a decreasing level of performance as they age.
See the OReST brochure