|
Case Study 2
Case in Point #2: A Large Manufacturing Company Dramatically Extends a
Product Life Cycle
A well known manufacturing company, on the Dow Jones Industrial Average wished
to extend the life of a fan disk. Because the company warranties the disk for
a specified lifetime, such an extension would add significantly to the
program's profitability.
How PredictionProbe Solutions Helped
Using Probabilistic Analysis, the company was able to double the predicted
life span of the disk, resulting in far fewer replacements.
Result
The company's income on this program increased by an additional $58 Million.
 | 
