Age Based Decay Curve Condition Protocol - HxGN EAM - Version 11.07.01 - Feature Briefs - Hexagon

HxGN EAM Equipment Rankings

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HxGN EAM
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Feature Briefs
HxGN EAM Version
11.7.1

System will calculate the Condition Score as follows:

  1. AgeCorrection = 0 (zero).

    • If on the equipment Correction Condition Score is not blank and Correction Date is not in the future, then:

      • Set ReferencePoint = The lowest Point Value where Condition Score is Correction Condition Score. See Curve Points tab on the Decay Curves screen. If no exact match is found find the lowest Point Value with the least difference between Condition Score and Correction Condition Score.

      • Set AgeCorrection = ( Correction Date - Commission Date ) / 365 - ReferencePoint

  2. Age = ( Sysdate – Commission Date ) / 365 - AgeCorrection.

    • For both calculations Age and AgeCorrection, if Commission Date is in the future, then use Sysdate.

  3. ConditionScore = Condition Score where Age is equal to Point Value. See Curve Points tab on the Decay Curves screen. If no exact match is found interpolate the score using the two Point Values where Age lies between.

  4. AgeThreshold = The lowest Point Value where Condition Score is Condition Score Threshold. If no exact match is found find the lowest Point Value with the least difference between Condition Score and Condition Score Threshold.

  5. EndofUsefulLife = ( AgeThreshold – Age ) * 365 + Sysdate.