Failing to follow the instructions will result is losing points. Consider a capital asset consisting of three expensive,

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Failing To Follow The Instructions Will Result Is Losing Points Consider A Capital Asset Consisting Of Three Expensive 1 (37.04 KiB) Viewed 50 times

Failing to follow the instructions will result is losing points. Consider a capital asset consisting of three expensive, important line replaceable units (LRUS). The time to failure of these LRUs has a constant failure rate i, i = 1,2,3. Whenever an LRU fails it is replaced by a ready-to-use spare part from stock, if any is available. The time-to-replace the faulty LRU is negligible. The faulty LRU is sent to a repair shop and the time to repair the component has a constant repair rate mi. Note the repair time includes the order-and-ship time and possible extra waiting at the repair shop. For LRU I, we initially procure si spare parts. If at a point in time LRU I fails and we do not have an available ready-to-use one on stock e.g. this happens when all spare parts si are under repair, the capital asset is considered to be on failure. It will function again whenever the repair of one of these faulty spare parts is completed and replaced in the asset. Therefore, the asset limiting availability is equal to the product of spare parts availability. Consider the following input for the three LRUS: LRU I LRU Price (SAR) hilli 1 2 3 1050 4890 15990 0.2 0.13 0.05 1. Find the asset availability for si = 4, i = 1,2,3 and the total cost. 2. The technical department has a limited budget 40,000SAR to be invested in the procurement of spare parts. Find the best target stock levels s; that maximizes the asset availability. Please solve this question using python or Matlab include the code and the solution explanation