Question: On failure a part can either be replaced (and thus restored to as good as new) or be minimally repaired (and restored to operating

On failure a part can either be replaced (and thus restored to as good as new) or be minimally repaired (and 

On failure a part can either be replaced (and thus restored to as good as new) or be minimally repaired (and restored to operating condition). If it is replaced, the time- between-failure distribution is lognormal with a median time to failure of 1150 operating hours and s= 0.9. Minimal repair results in a nonhomogeneous Poisson process with p(t) = (0.4 x 10-8)(2.8).8, if a failure occurs at 400 operating hours, should the part be replaced if another 300 hr of use is required? Base your answer on the reliability over the next 300 hr.

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