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

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 2, = 0.3 and 12 = 0.1 failures/month. Assuming W, = 1 and a warranty length of six months, what is the optimal replacement interval

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