Variable | System “A” | System “B” |
---|---|---|
Total life cycle | 20 years | 5 years |
Annual operating hours | 6,000 | 6,000 |
Failure rate(λ) per 1 million hour | 2,000 | 2,000 |
Time to repair | 3 h | 3 h |
Time to replace | 2 h | 2 h |
Cost of repair | $ 300 | $ 300 |
Cost of replacement | $ 200 | $ 200 |