Equitable and adversarial pricing for items under warranty
نویسندگان
چکیده
منابع مشابه
Optimal pricing and replenishment policies for instantaneous deteriorating items with backlogging and trade credit under inflation
In this paper we develop an economic order quantity model to investigate the optimal replenishment policies for instantaneous deteriorating items under inflation and trade credit. Demand rate is a linear function of selling price and decreases negative exponentially with time over a finite planning horizon. Shortages are allowed and partially backlogged. Under these conditions, we model the ret...
متن کاملWarranty and Fair Pricing for Used Items in Two-Dimensional Life Time
Cost assessment related to age of multiple components is discussed. We use definitions of equivalent ages in multi-dimensional life to illustrate how cost characteristics should be fairly assessed. Pricing of used items with residual value and assigning warranty for used items as a function of item’s age are the subjects of our study. Numeric examples based on correlated Bivariate normal distri...
متن کاملOptimal preventive maintenance strategy for repairable items under two-dimensional warranty
For repairable items under the two-dimensional warranty, the manufacturer expenses warranty costs for rectifying the failures occurring over the warranty coverage. Preventive maintenance actions reduce the occurrence intensity of item failures, and hence the warranty cost resulted from corrective maintenance, but bring additional preventive maintenance cost. In this paper, we investigate a peri...
متن کاملManaging Warranty Services: Pricing, Inventory and Outsourcing
Wei Huang: Managing Warranty Services: Pricing, Inventory and Outsourcing (Under the direction of Jayashankar Swaminathan, Vidyadhar Kulkarni) Managing warranty services plays a very important role in today’s business environment. This thesis concentrates on three specific areas related to warranty: joint control of new and warranty parts inventory, outsourcing of repair services, coordinated p...
متن کاملPricing Identical Items
We study the power and limitations of posted prices in multi-unit markets, where agents arrive sequentially in an arbitrary order. We prove upper and lower bounds on the largest fraction of the optimal social welfare that can be guaranteed with posted prices, under a range of assumptions about the designer’s information and agents’ valuations. Our results provide insights about the relative pow...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Law, Probability and Risk
سال: 2005
ISSN: 1470-840X,1470-8396
DOI: 10.1093/lpr/mgi002