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The estimation of optimal preventive maintenance (PM) times is considered. When failure and PM cause the only costs of interest, and the steady state cost-rate is to be minimized, very small samples of times to failure can often be effectively used. In particular, with only 10 failures the mean extra cost, due to statistical uncertainty, is in many realistic cases just a small fraction of the true...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.