Probability of which machine goes to market first

Reference no: EM1388387

A manager needs to decide between 2 machines to put into market following a Weibull distribution.

Machine X test unit cost $3000 with beta=3 and theta=500, Machine Y test unit cost $2000 with beta=3 and theta=400

If the machines oil fixtures has life of 20 hrs, which machine goes to market first?

Reference no: EM1388387

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