Question: Consider the triangular lifetime density function f(x) = 2x, 0 < x < 1. 1 Determine the optimal replacement age in the age replacement model

Consider the triangular lifetime density function f(x) = 2x, 0 < x < 1. 1 Determine the optimal replacement age in the age replacement model with replacement costK = 1 and additional failure penalty c = 4.

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