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Failure rate


The failure rate, also known as the error rate, is an important indicator in production technology that quantifies the reliability and service life of machines and systems. It describes the frequency with which a device or system fails within a certain period of time. In the manufacturing industry, the failure rate is used to create preventive maintenance plans and optimize overall equipment efficiency.

Knowing the failure rate is crucial for risk management and spare parts inventory planning to minimize unexpected production downtime and its costs.

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