With the help of advanced digital technologies, product managers can use monitored mission cycles to sustain reliability. In this study, a random warranty model and replacement next (RRN) are designed through-life reliability with cycles. The warranty, called two-stage two-dimensional free repair (2DFRW), be carried out during stage. ‘whichever occurs first last’ is used distinguish coverage ra...

Along with increasing the warranty period for complex systems, reducing the warranty servicing costs has become an issue of great importance to the manufacturers. One possible way to reduce the expected warranty servicing cost is by making sound decision on the product warranty and maintenance strategies. Therefore, warranties (basic warranty and extended warranty) and maintenance (corrective a...

Warranty is now an integral part of each product. Since its length is directly related to the cost of production, it should be set in such a way that it would maximize revenue generation and customers’ satisfaction. Furthermore, based on the behavior of customers, it is assumed that increasing the warranty period to earn the trust of more customers leads to more sales until the market is sat...

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...

In this study, by integrating preventive maintenance (PM) into a two-dimensional warranty region, with customized PM (2D PM) is proposed from the manufacturer’s perspective to reduce cost. The cost of 2D derived. tradeoff between and minimal repair saving obtained choosing proper reliability threshold number PMs, advantage illustrated. Second, post-warranty period, bivariate (BPWM) policy consu...

This paper identifies the effect of health insurance on workers' compensation (WC) filing for young adults by implementing a regression discontinuity design using WC medical claims data from Texas. The results suggest health insurance factors into the decision to have WC pay for discretionary care. The implied instrumental variables estimates suggest a ten-percentage-point decrease in health in...

Modelling of deteriorating systems with preventive repair during warranty using geometric processes was carried out in the previous chapter. In this chapter the independent and identically distributed assumption of geometric processes is relaxed to assume only the independent successive inter arrival times. Surveying the literature, one is struck by the fact that there has been so little resear...

This paper provides a replacement policy for warranty products with different failure rate from the consumer’s viewpoint. Assume that the product is replaced once within a finite planning horizon, and the failure rate of the second product is lower than the failure rate of the first product. Within warranty period (WP), the failed product is corrected by minimal repair without any cost to the c...