Combined Two-dimensional Non-renewable Warranty Policy Analysis for Remanufactured Products

Money-back guarantee warranty policy with preventive maintenance strategy for sensor-embedded remanufactured products

In today’s global environment, technology is constantly evolving. Being able to stay up-to-date with the very latest technological advances can be extremely hard to accomplish. As a result of these changes and developments in technology, which often come unexpectedly, consumers are frequently tempted to update their devices to the very latest model. The result is that the life cycle of a produc...

Warranty Period and Product Price Optimization for Remanufactured Products

Two-dimensional warranty for an End-of-Life derived products

This paper presents an approach to determine a two-dimensional warranty period for the components, materials and products derived from End-of-Life products to meet components, materials and products demands while minimizing the cost associated with warranty and maximizing the manufacturer’s profits.

Warranty Servicing with Imperfect Repair for Products Sold with a Two-Dimensional Warranty

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...

Warranty Cost Analysis for Second-Hand Products

For second-hand products sold with warranty, the expected warranty cost for an item to the manufacturer, depends on (i) the age and/or usage as well as the maintenance history for the item and (ii) the terms of the warranty policy. The paper develops probabilistic models to compute the expected warranty cost to the manufacturer when the items are sold with free replacement or pro rata warrantie...