Please summarize or rewrite the following passage in atleast 200 words
A display system in which subsequent failures of plant equipmentand plant systems are predicted to occur and in which theprobability of failure before a specified date and the probabilityof failure after a specified date is determined and displayed andin which the calendar date is determined and displayed when thedesired probability that the equipment not fail prior to thecalendar date is specified. The system includes an EquipmentFailure And Degradation Module that determines the remainingequipment/system life; a Probability-of-Failure Predictor Modulethat determines the probability of the equipment/system failingprior to a specified date and the probability of theequipment/system failing after a specified date; and aDate-of-Failure Predictor Module that determines the calendar datethat corresponds to a specified probability that equipment not failprior to the date.
