Question
Consider the model developed (Repair Time Limit Policy). The time to failure of an item has a Weibull distribution with alpha= 10 and beta= 2.5.
Consider the model developed (Repair Time Limit Policy). The time to failure of an item has a Weibull distribution with alpha= 10 and beta= 2.5. Let Cm $50 and Cp $140. Determine the optimal replacement interval and the corresponding optimal expected cost per unit time.
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The Auditors Guide Of 1869 A Review And Computer Enhancement Of Recently Discovered Old Microfilm Of Americas First Book On Auditing By H J Mettenheimer
Authors: Peter L. McMickle, Paul H. Jensen
1st Edition
0367534622, 978-0367534622
