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Service life is not to be confused with shelf life, which deals with storage time, or with technical life, which is the maximum period during which it can physically function. [3] Service life also differs from predicted life, in terms of mean time before failure (MTBF) or maintenance-free operating period (MFOP).
Prince was built 1863 and operated 1864–1936, 1955–1968, 1980-present, a product life of over 150 years, a service life of around 125 years. Product lifetime or product lifespan is the time interval from when a product is sold to when it is discarded.
Mean time to first failure – Average service life for non-repairable components; Mean time to repair – Measure of the maintainability of repairable items; Power-on hours – The length of time that electrical power is applied to a device; Reliability engineering – Sub-discipline of systems engineering that emphasizes dependability
The basic premise of infrastructure asset management is to intervene at strategic points in an asset's normal life cycle to extend the expected service life, and thereby maintain its performance. Typically, a long-life-cycle asset requires multiple intervention points including a combination of repair and maintenance activities and even overall ...
Parts that are designed to wear inside a machine—e.g., bearings and O-rings—are intended to be replaced with new ones; consumables like paper, cardboard, fabrics, and product packaging are designed with a service life commensurate with their intended use. For example, grocery stores may issue customers a paper or plastic sack to carry out ...
The design life of a component or product is the period of time during which the item is expected by its designers to work within its specified parameters; in other words, the life expectancy of the item. It is not always the actual length of time between placement into service of a single item and that item's onset of wearout.
A generic lifecycle of products. In industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering, design, and manufacture, as well as the service and disposal of manufactured products.
Depending on the vendor, end-of-life may differ from end of service life, which has the added distinction that a vendor of systems or software will no longer provide maintenance, troubleshooting or other support. [1] Such software that is abandoned service-wise by the original developers is also called abandonware. Sometimes, software vendors ...