Fail according to exponential distribution with failure rate

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Components are assumed to fail according to an exponential distribution with failure rate of 0.01%/hour. The mission duration is 7500 hours. How many spare parts must be carried to assure at least 99% probability of mission success? State any assumptions you make. What is the expected waiting time to the ?rst, second, and third repairs?

Reference no: EM131273179

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