1285 on Warranty Policies of Two Wheeler Vehicles in India
نویسندگان
چکیده
It is observed that in India for all types of two wheeler vehicles, warranty offered is Free Replacement Warranty (FRW) policy. Present paper deals primarily with the cost analysis of warranty being given on different types of two wheeler vehicles, in India. Under the existing cost set up, a new warranty model, which involves an initial FR period, followed by the Pro Rata period, has been developed and suggested for the vehicles understudy. This warranty policy is valid for longer time, compared to the existing one and at the same time there is no extra cost burdon to the manufacturer. Therefore, this policy will be more appealing to the buyers and manufacturers as well.
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