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Table 4 Optimal \(T^{*}\) and \(J\left( {T^{*} } \right)\) for different values of \(\xi\)

From: Selecting statistical model and optimum maintenance policy: a case study of hydraulic pump

Model

Optimal values

Additional cost

\(\xi\) = 70,000

\(\xi\) = 90,000

\(\xi\) = 110,000

\(\xi\) = 130,000

Threefold Weibull

\(T^{*}\)

14,631

14,484

14,377

14,295

\(J\left( {T^{*} } \right)\;\)

10.40593

11.43373

12.45314

13.46734

Weibull–Normal–Exponential

\(T^{*}\)

14,468

14,361

14,286

14,230

\(J\left( {T^{*} } \right)\;\)

10.33359

11.33318

12.3265

13.31607

Normal–Lognormal–Weibull

\(T^{*}\)

14,476

14,368

14,291

14,234

\(J\left( {T^{*} } \right)\;\)

10.32712

11.32669

12.31991

13.30929