Question: A warm standby system consists of two components in parallel. The cost of replacing a failed unit is $20. The failure rates of the components

A warm standby system consists of two components in parallel. The cost of replacing a failed unit is $20. The failure rates of the components are _1 = 0.3 and _2 = 0.1 failures/month. Assuming W_ = 1 and a warranty length of six months, what is the optimal replacement interval?.

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