Patent ID: 8463635
Filing Date: 2013-06-11
Classification: G06Q

Abstract:
1. A method for determining a risk of failure in a people moving device and for determining an inspection interval to mitigate said risk; the method comprising: determining by a computer system an acceptable risk score based on computer readable instructions provided on a non-transitory computer readable medium; determining by said computer system an inspection interval based on said risk score; determining by said computer system an increase in risk score proportional to a time elapsed since a missed inspection in said inspection interval; determining by said computer system a tolerance within said inspection interval based on said increased risk score; and, specifying by said computer system an inspection interval and an inspection tolerance based on said determined schedule and said determined tolerance; wherein said step of determining an inspection interval comprises calculating the inspection interval t where t and wherein said step of determining an increase in risk score comprises calculating an increased risk score R