July 19 Discussion

No product or service lasts forever, but how do we determine or project when a particular item may fail and why is this important? 

Watch the following video for ideas regarding certain “things” and their failure calculations: 

https://www.youtube.com/watch?v=xkbQnBAOFEg

Relate these concepts to your work experience and provide an example of a product or service that the company sold or supported. How did they calculate failure rates? 

Note: 250 words with intext citations and 2 references needed.