The corresponding characteristic quantities for the economic lifetime-method are Numerical exaniple: Let be C = GYOO, B = 626 and a + b Figure 1 shows the per cent gain 2If u is sufficiently large this gain exceeds 25%! For the same average repair cost development and replacement cost as in this exaniple the application of optimum repair limit8 for each repair instead of using the economic lifetime leads to cost savings coming t o 6% [ 2 , 3 ] . &,-c Fig. 1. Cornparision of effectivity of repair limit replacement policy and economic lifetime method K e f e r e n c e s 1 BEICHELT, I?., Effektive Planuiiy prophylaktischer MaDnahmen in der Iustandhaltung, Berlin, VEB Verlag Technik 1979. 2 BEICHXLT, P.; FISCHER, K., General failure model applied to preventive maintenance policies, IEEE Trans. on Reliability R-
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.