Create Formula – A summary of the activity

Formula Builder - An overview

Transportation Industry, especially Aviation, requires that the values of various attributes such as “Running Hours” and “Cycles” of the operating assets must be tracked for the purpose of usage based maintenance, reliability studies and replacement analysis. Some of these attributes (parameters) are independent, whereas others are dependent on certain parameters. This activity allows you to define a formula that helps in calculating the value of such dependent parameters.

In this activity, the parameters that participate in a formula are selected and the relationship between the parameters is defined with the help of mathematical operators. The formula is then associated to the dependent parameter (associated parameter) in the “Create Aircraft Information” activity under the “Aircraft” business component.

Example:

You can provide a unique identifier for the formula. You can select the participating parameters for the formula and you can define the relationship between them using mathematical operators and constant coefficients.

The system creates the formula and sets the status of the formula to “Active”. Whenever the participating parameter values are updated, the formula builder computes the value of the dependent parameter as per the relationship defined and returns the computed value as the output value.

Follow these rules while creating a formula

       Click here to learn about creating formula

 

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