Failure Rate

Failure rate, abbreviated as FR, is the anticipated number of times that an asset or piece of equipment fails in a specific period of time.

 

Failure Rate Formula

\(\large{ FR =  \frac{ TF }{ TT }   }\)

Symbol

\(\large{ FR }\) = failure rate

\(\large{ TF }\) = total amount of failures

\(\large{ TT }\) = total amount of time