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Maintainability – Ease of maintaining a functioning product or service Phoebus cartel – worked to standardize the life expectancy of light bulbs at 1,000 hours, down from 2,500 hours Prognostics – engineering discipline focused on predicting the life times
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Again, an airliner might have a mission time of 11 hours, a predicted active MTBF of 10,000 hours without maintenance (or 15,000 hours with maintenance), reliability of .99999, and a service life of 40 years. The most common model for item lifetime is the bathtub curve, a plot of the varying failure rate as a function of time.
An extended warranty, sometimes called a service agreement, a service contract, or a maintenance agreement, is a prolonged warranty offered to consumers in addition to the standard warranty on new items. The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer.
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A warranty is a term of a contract, but not usually a condition of the contract or an innominate term, meaning that it is a term "not going to the root of the contract", [6] and therefore only entitles the innocent party to damages if it is breached, [6] i.e. if the warranty is not true or the defaulting party does not perform the contract in ...