Patents by Inventor David Restum

David Restum has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Predictive replacement for heavy machinery
    Patent number: 10929820
    Abstract: Systems and methods for predicting replacement of a component of an industrial machine. One system includes an electronic processor configured to determine a wear rate of the component based on a current dimension of the component and historical dimensions of the component and determine a replacement cost for the component. Determining the replacement cost includes determining a cost of downtime for replacing the component based on a time for replacing the component and a downtime cost for the industrial machine during the time for replacing the component, a material cost in replacing the component, and an operating cost of the industrial machine associated with not replacing the component. The electronic processor is also configured to determine a replacement recommendation for the component based on the wear rate, the replacement cost, and discard criteria and output the replacement recommendation.
    Type: Grant
    Filed: November 7, 2019
    Date of Patent: February 23, 2021
    Assignee: Joy Global Surface Mining Inc
    Inventors: David Restum, Wesley Taylor
  • PREDICTIVE REPLACEMENT FOR HEAVY MACHINERY
    Publication number: 20200074414
    Abstract: Systems and methods for predicting replacement of a component of an industrial machine. One system includes an electronic processor configured to determine a wear rate of the component based on a current dimension of the component and historical dimensions of the component and determine a replacement cost for the component. Determining the replacement cost includes determining a cost of downtime for replacing the component based on a time for replacing the component and a downtime cost for the industrial machine during the time for replacing the component, a material cost in replacing the component, and an operating cost of the industrial machine associated with not replacing the component. The electronic processor is also configured to determine a replacement recommendation for the component based on the wear rate, the replacement cost, and discard criteria and output the replacement recommendation.
    Type: Application
    Filed: November 7, 2019
    Publication date: March 5, 2020
    Inventors: David Restum, Wesley Taylor
  • Predictive replacement for heavy machinery
    Patent number: 10504072
    Abstract: Systems and methods for predicting replacement of a component of an industrial machine. One system includes an electronic processor configured to determine a wear rate of the component based on a current dimension of the component and historical dimensions of the component and determine a replacement cost for the component. Determining the replacement cost includes determining a cost of downtime for replacing the component based on a time for replacing the component and a downtime cost for the industrial machine during the time for replacing the component, a material cost in replacing the component, and an operating cost of the industrial machine associated with not replacing the component. The electronic processor is also configured to determine a replacement recommendation for the component based on the wear rate, the replacement cost, and discard criteria and output the replacement recommendation.
    Type: Grant
    Filed: May 30, 2018
    Date of Patent: December 10, 2019
    Assignee: Joy Global Surface Mining Inc
    Inventors: David Restum, Wesley Taylor
  • PREDICTIVE REPLACEMENT FOR HEAVY MACHINERY
    Publication number: 20180349863
    Abstract: Systems and methods for predicting replacement of a component of an industrial machine. One system includes an electronic processor configured to determine a wear rate of the component based on a current dimension of the component and historical dimensions of the component and determine a replacement cost for the component. Determining the replacement cost includes determining a cost of downtime for replacing the component based on a time for replacing the component and a downtime cost for the industrial machine during the time for replacing the component, a material cost in replacing the component, and an operating cost of the industrial machine associated with not replacing the component. The electronic processor is also configured to determine a replacement recommendation for the component based on the wear rate, the replacement cost, and discard criteria and output the replacement recommendation.
    Type: Application
    Filed: May 30, 2018
    Publication date: December 6, 2018
    Inventors: David Restum, Wesley Taylor