An optimal repair cost limit policy for servicing warranty
نویسندگان
چکیده
منابع مشابه
Optimal Costs of a Two-dimensional Warranty Servicing Strategy with an Imperfect Repair Option
A warranty policy for a product should balance the interests of both producer and consumer. Consumer protection is typically provided by a guarantee of replacement or some form of repair of the product failing within a promised warranty period, while an approach to provide a corresponding protection for the manufacturer is to limit the maximum usage allowed under warranty. Such warranty policie...
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In this paper, a new servicing strategy with imperfect repair is defined and studied for the manufacturer of a product sold with a two-dimensional warranty. The strategy is based on a specified region of the warranty defined in terms of age and usage, with the first failure in the region rectified by an imperfect repair and all other failures being minimally repaired. Product failures are model...
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Reducing warranty servicing costs are of great interest to product manufacturers or, sellers who are contractually bound to provide post-sales support, up to a specified warranty period, usually in the form of some remedial action that restores a failed item to a functioning condition. Here, in the spirit of Jack, Iskandar and Murthy (2009) strategy based on partitioning the effective warranty ...
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In this study, a new warranty service strategy is proposed and analyzed. This strategy adds the renewing free-replacement warranty to a non-repairable product sold under the rebate warranty policy. According to the renewing free-replacement warranty, the seller (manufacturer) is responsible for replacing all failed product during the warranty period, and the warranty begins anew with each repla...
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Abstract The paper considers a sequential inspection policy in an imperfect production process which shifts randomly from an ‘in-control’ state to an ‘out-of-control’ state following a general probability distribution. Two different inspection policies are adopted in the proposed model: (i) no action is taken in the intermediate of a production run unless the process is found in an ‘out-of-cont...
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ژورنال
عنوان ژورنال: Mathematical and Computer Modelling
سال: 1988
ISSN: 0895-7177
DOI: 10.1016/0895-7177(88)90562-6