“…Roeloffs , Kander and Raviv , and also Beichelt separately looked at the case where T 's distribution is partially known (only one percentile of T being known). Like in most papers published (e.g., Barlow et al , Luss and Kander , Kabir and El Tamimi , and more recent papers such as Wang , Ahmadi and Newby , Wang , Caballé et al , and Sheu et al ), in this paper, we assume that T 's distribution is completely known. The assumptions of the model are as follows: - When working, the system generates or brings in revenue at a constant rate of c R per unit of time.
- The time it takes to complete each and every inspection is negligible, and each inspection costs an amount of c I – this is a common assumption in most papers on inspection replacement models that have been published .
…”