In today's fiercely competitive products market, product warranty has started playing an important role. The warranty period offered by the manufacturer/dealer has been progressively increasing since the beginning of the 20th Century. Currently, a large number of products are being sold with long-term warranty policies in the form of extended warranty, warranty for used products, service contra...

A large number of products are now being sold with long-term warranty policies. This is mainly due to fierce competition in the market and customer demand. Offering long term warranty results in additional complexities in estimating costs associated with warranty servicing due to the uncertainties associated with usage, preventive maintenance and warranty servicing strategies. This paper review...

Reducing the excess costs of consumer due to timely maintenance and increasing efficiency detecting deviations in technical condition improve operational reliability is an important task improving using energy-saturated tractors domestic production. In order promptly provide initial information on degree use current state resource-determining parts assemblies, as well increase controllability a...

Agriculture is a fundamental industry in China, contributing to economic and social development historical progress. Therefore, China has also put forward the strategy of revitalizing countryside develop agriculture. And achieve rural revitalization, infrastructure projects must be carried out. This paper elaborates on projects, then identifies current problems management China: legal system pr...

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...

We approximate the distribution of total expenditure of a retail company over warranty claims incurred in a fixed period [0, T ], say the following quarter. We consider two kinds of warranty policies, namely, the non-renewing free replacement warranty policy and the non-renewing pro-rata warranty policy. Our approximation holds under modest assumptions on the distribution of the sales process o...