RUL meaning in Business ?

Answer:

What is Remaining Useful Life mean?

Prognostics is an engineering discipline focused on predicting the time at which a system or a component will no longer perform its intended function. This lack of performance is most often a failure beyond which the system can no longer be used to meet desired performance. The predicted time then becomes the remaining useful life (RUL), which is an important concept in decision making for contingency mitigation. Prognostics predicts the future performance of a component by assessing the extent of deviation or degradation of a system from its expected normal operating conditions. The science of prognostics is based on the analysis of failure modes, detection of early signs of wear and aging, and fault conditions. An effective prognostics solution is implemented when there is sound knowledge of the failure mechanisms that are likely to cause the degradations leading to eventual failures in the system. It is therefore necessary to have initial information on the possible failures (including the site, mode, cause and mechanism) in a product. Such knowledge is important to identify the system parameters that are to be monitored. Potential uses for prognostics is in condition-based maintenance. The discipline that links studies of failure mechanisms to system lifecycle management is often referred to as prognostics and health management (PHM), sometimes also system health management (SHM) or—in transportation applications—vehicle health management (VHM) or engine health management (EHM). Technical approaches to building models in prognostics can be categorized broadly into data-driven approaches, model-based approaches, and hybrid approaches.

reference

Full Form	Category
Rutgers University Libraries	Academic & Science
Rutgers University Library	Academic & Science
Registered Unit List	Business
Runge, LTD.	Business
Remaining Useful Life	Business
Refractoriness Under Load	Business
Ready? Up-load	Computer Technology
Echo-conference Rules File	File Type
Reduction under Load	General
Reasonable Useful Lifetime	General
Région Urbaine de Lyon	General
Right Upper Lid	General
Ready Up Live	General
Right Upper Lobectomy	General
Remaining Useful Lifetime	General
Rural Urban Limit	General
Right Upper Lung	General
Right Upper Lobectomies	General
Regular Unleaded	General
Remaining Useful Life of Lubricants	General
R?ion Urbaine de Lyon	General
Ruling	Governmental
RAVLI	Indian Railway Station
Radical Unschoolers List	Internet
Right Upper Lobe	Medical
Right Upper eye Lid	Medical
Rauli	Transport & Travel