Money-back guarantee warranty policy with preventive maintenance strategy for sensor-embedded remanufactured products
نویسندگان
چکیده مقاله:
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 product is becoming shorter and shorter than before. Manufacturers attempt to respond to consumers’ concerns involving environmental issues as well as the more governmentally stringent environmental legislations by establishing facilities which include the minimization of the totality of waste relocated to landfills by recovering materials and components from returned, or End-Of-Life products and reuse them to build a remanufactured product, and/or novel components. With the rapid growth of interest in remanufactured products’ market, offering warranty for remanufactured products and components is becoming a necessity for remanufacturer in order to meet customers’ requirement and as a marketing mechanism. During that process, maintenance policies are of great importance in order to reduce the warranty cost on the remanufacturer. In this paper, an optimization simulation model for remanufactured items sold with one-dimensional non-renewing money-back guarantee (MBG) warranty policy is proposed from the view of remanufacturer, in which, an End-Of-Life product is subjected to upgrade action at the end of its past life and during the warranty period, preventive maintenance actions are carried out when the remaining life of the product reaches a pre-specified value so that the remanufacturer’s expected profit can be maximized. Finally, a numerical example and design of experiment analysis are provided to demonstrate the proposed approach.
منابع مشابه
Repairable Product Warranty and Preventive Maintenance Policy
This paper considers four options of warranty and preventive maintenance policy. The product is repairable and sold with a non-renewing free warranty policy. For products sold with warranty, preventive maintenance (PM) actions by manufacturers and/or buyers have an impact on the total costs for both parties. In this study, we deal with a model to study the effect of PM that carried out by the m...
متن کاملWarranty and discrete preventive maintenance
Preventive maintenance actions over the warranty period have an impact on the warranty servicing cost to the manufacturer and the cost to the buyer of fixing failures over the life of the product after the warranty expires. However, preventive maintenance costs money and is worthwhile only when these costs exceed the reduction in other costs. The paper deals with a model to determine when preve...
متن کاملPreventive-maintenance policy for leased products under various maintenance costs
This paper investigates the effects of preventive-maintenance cost functions on the optimal preventive-maintenance policy for a leased product with Weibull life-time distribution. During the lease period, any product failures are rectified by minimal repairs and may incur a penalty to the lessor, if the time duration for performing a minimal repair exceeds a pre-specified time limit. To reduce ...
متن کاملWarranty and Preventive Maintenance for Non- Repairable Products with Failure Penalty Postwarranty
For products sold with a warranty, preventive maintenance (PM) actions by either the manufacturer and/or the buyer has an impact on the total cost for both parties. In this investigation, we use a model to study the effect of PM carried out by the buyer on non-repairable items sold under a free replacement renewing warranty, and a penalty will be incurred by the buyer if the item fails before t...
متن کاملOptimal Warranty Policies with Preventive Maintenance for Repairable Product
In this study, we deal with a model to study the effect of PM carried out by both parties on a repairable product sold under a non-renewing, free-repaired warranty policy. During the warranty period, the seller will repair the deteriorated but repairable product and charges no fee to the buyer. After the warranty period, the deteriorated product is also repaired by the seller but the buyer will...
متن کاملمنابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ذخیره در منابع من قبلا به منابع من ذحیره شده{@ msg_add @}
عنوان ژورنال
دوره 14 شماره 4
صفحات -
تاریخ انتشار 2018-12-01
با دنبال کردن یک ژورنال هنگامی که شماره جدید این ژورنال منتشر می شود به شما از طریق ایمیل اطلاع داده می شود.
میزبانی شده توسط پلتفرم ابری doprax.com
copyright © 2015-2023