Next Equipment repair Prediction

Goal
▪ To predict when the next equipment repair based on past repairs. ▪ Then proactively approach customers to maintain and fix the equipment before equipment repair happen.
ML Model
A tree-based regression model with confidence intervals (upper and lower bounds) was implemented to predict the next equipment repair.
Project Outcomes
▪ Identified top pieces of equipment and the top customers based on the quality and the quantity of data available. ▪ Strategically identified and built methods to filter out bad data. (The percentage of bad data was too high) ▪ Built an Alteryx workflow to clean the data and predict when the equipment will next fail. ▪ Provided an upper bound and a lower bound of the next equipment repair. ▪ Identified scopes for data improvement.
Results
• Developed a tree-based regression model with confidence intervals (upper and lower bounds) for the prediction. • The model predicts the next equipment repair (+/- 30 days) with 75% accuracy.
