This is the thing, the day they stop working you wonder if you should repair them for X money or byy a new one for X / 1.5 money. Guess which wins in both time and money.
> repair them for X money
Plus (X / 1.5) * (1 - S), where S is probability of successful repair.
Plus the repair cost of the next thing to go if many parts are reaching the end of the design life (= warranty * 1.1)
> repair them for X money
Plus (X / 1.5) * (1 - S), where S is probability of successful repair.
Plus the repair cost of the next thing to go if many parts are reaching the end of the design life (= warranty * 1.1)