This study deals with a two-level supply chain consisting of one manufacturer and one retailer. We consider an integrated production inventory system where the manufacturer processes raw materials in order to deliver finished product with imperfect quality to the retailer, where number of defective product has a uniform distribution. The retailer receives product and conducts a 100% inspection....

currently, a large number of products are being sold with warranty policies. pro-rata warranties are relatively a complex concept. this paper focuses on developing a new pro-rata warranty policy. in this model components of the product are grouped into two disjointed sets, failures of components belonging to set one are covered by prw warranty and those components that belonging to set two are ...

Lifetime warranties is becoming popular as they provide assurance to buyer for longer reliable service and greater customer peace of mind for the whole life of the product. By offering a lifetime warranty, both the manufacturer and the buyer are exposed to uncertainties and risks of warranty pricing and product performance during the lifetime of the product. This paper analyses the sensitivity ...

In this study, from the user’s perspective, a spare ordering policy for replacement of a non-repairable product/one-unit system, which with finite useful lifetime limit under a rebate warranty, is developed. The spare unit for replacement is available only by an order and the lead-time for delivering that spare is random. By introducing the gain due to rebate warranty, and the costs due to orde...

Motivated by the quasi-renewal approach in the preceding chapters which emphasized the importance of improved repairs during warranty, in contrast to a replacement, the present chapter analyzes the impact of degree of repair for second-hand products employing quasi-renewal processes. In general, the significant factors which contribute to warranty cost analysis of second-hand systems are age, u...

Reducing warranty servicing costs are of great interest to product manufacturers or, sellers who are contractually bound to provide post-sales support, up to a specified warranty period, usually in the form of some remedial action that restores a failed item to a functioning condition. Here, in the spirit of Jack, Iskandar and Murthy (2009) strategy based on partitioning the effective warranty ...