PREDICTIVE REPLACEMENT FOR HEAVY MACHINERY
Number of patents in Portfolio can not be more than 2000
United States of America
Stats
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N/A
Issued Date -
Mar 5, 2020
app pub date -
Nov 7, 2019
filing date -
Nov 7, 2019
priority date (Note) -
Published
status (Latency Note)
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Importance

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Abstract
Systems and methods for predicting replacement of a component of an industrial machine. One system includes an electronic processor configured to determine a wear rate of the component based on a current dimension of the component and historical dimensions of the component and determine a replacement cost for the component. Determining the replacement cost includes determining a cost of downtime for replacing the component based on a time for replacing the component and a downtime cost for the industrial machine during the time for replacing the component, a material cost in replacing the component, and an operating cost of the industrial machine associated with not replacing the component. The electronic processor is also configured to determine a replacement recommendation for the component based on the wear rate, the replacement cost, and discard criteria and output the replacement recommendation.
First Claim
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Family

- 15 United States
- 10 France
- 8 Japan
- 7 China
- 5 Korea
- 2 Other
Patent Owner(s)
Patent Owner | Address | |
---|---|---|
JOY GLOBAL SURFACE MINING INC | 4400 W NATIONAL AVENUE MILWAUKEE WI 53214 |
International Classification(s)

- 2019 Application Filing Year
- G06Q Class
- 18973 Applications Filed
- 10769 Patents Issued To-Date
- 56.76 % Issued To-Date
Inventor(s)
Inventor Name | Address | # of filed Patents | Total Citations |
---|---|---|---|
Restum, David | Milwaukee, US | 2 | 16 |
# of filed Patents : 2 Total Citations : 16 | |||
Taylor, Wesley | Glendale, US | 3 | 28 |
# of filed Patents : 3 Total Citations : 28 |
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Patent Citation Ranking
- 1 Citation Count
- G06Q Class
- 42.73 % this patent is cited more than
- 5 Age
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Maintenance Fees
Fee | Large entity fee | small entity fee | micro entity fee | due date |
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7.5 Year Payment | $3600.00 | $1800.00 | $900.00 | Sep 5, 2027 |
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