Parameter meanings

Parameter symbols

Parameter values

Shape parameters

β

3.2

Scale parameters

α

120

Time of single preventive maintenance

tp

20

Time of single minor repair

tf

10

Cost of unit downtime

co

30

Cost of single preventive maintenance

cp

100

Cost of single minor repair

cf

50

Cost adjustment factor

u

1

Cost of equipment replacement

Cr

40,000

Time adjustment parameter

v

0.005

Learning effect adjustment parameter

w

0.8

Equipment running time

T

3000

Lowest reliability threshold

Rmin

0.7