In this study, a new warranty service strategy is proposed and analyzed. This strategy adds the renewing free-replacement warranty to a non-repairable product sold under the rebate warranty policy. According to the renewing free-replacement warranty, the seller (manufacturer) is responsible for replacing all failed product during the warranty period, and the warranty begins anew with each repla...

4 Sales delay is the time interval from the date of manufacture to the date of sale. In analysing 5 warranty claims data, the existing research relating to the sales delay has mainly focused 6 on estimating the probability distribution of the sales delay. Longer sales delay may lead 7 to more warranty claims as it can have an impact on the post-sale reliability of products. 8 However, research ...

For repairable items sold with free replacement warranty, the actions available to the manufacturer to rectify failures under warranty are to (1) repair the failed item or (2) replace it with a new one. A proper repair-replace strategy can reduce the expected cost of servicing the warranty. In this paper, we study repair-replace strategies for items sold with a two-dimensional free replacement ...

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...

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...

In this paper, simultaneous placement of distributed generation, capacitor bank and protective devices are utilized to improve the efficiency of the distribution network. The objectives of the problem are reduction of active and reactive power losses, improvement of voltage profile and reliability indices and increasing distribution companies’ profit. The combination of firefly algorithm, parti...

Amongst the many approaches in modelling deteriorating systems with product warranty, renewing warranty has found favor in designing such systems. In this chapter our attention is focused on renewing warranty policy modelled using quasi-renewal inter repair times. With the basic classification of warranty policies viewed in the previous chapters, the warranties are further categorized as renewi...

Facilitated by advanced digital technologies, reliability managers can monitor system working cycles during the whole life cycle. Such a technological realization help ensure in real time monitoring cycles. In this paper, incorporating limited random cycle, rebate and charge into warranty theory, free repair with (RFRW-RC) is devised to stage. Under RFRW-RC, removes manufacturers’ responsibilit...

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...