PREDICTIVE REPLACEMENT FOR HEAVY MACHINERY

Number of patents in Portfolio can not be more than 2000

United States of America

APP PUB NO 20200074414A1
SERIAL NO

16676724

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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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.

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Patent Owner(s)

Patent OwnerAddress
JOY GLOBAL SURFACE MINING INC4400 W NATIONAL AVENUE MILWAUKEE WI 53214

International Classification(s)

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  • 2019 Application Filing Year
  • G06Q Class
  • 18973 Applications Filed
  • 10769 Patents Issued To-Date
  • 56.76 % Issued To-Date
Click to zoom InYear of Issuance% of Matters IssuedCumulative IssuancesYearly Issuances20192020202120222023202420250255075100

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Restum, David Milwaukee, US 2 16
Taylor, Wesley Glendale, US 3 28

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Patent Citation Ranking

  • 1 Citation Count
  • G06Q Class
  • 42.73 % this patent is cited more than
  • 5 Age
Citation count rangeNumber of patents cited in rangeNumber of patents cited in various citation count ranges2579298130111236118231101 - 1011 - 2021 - 3031 - 4041 - 5051 - 6061 - 7071 - 8081 - 90100 +0200400600800100012001400160018002000220024002600280030003200

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