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...

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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...

In this paper we intend to examine the application of Kullback-Leibler, Hellinger and LINEX loss function in Dynamic Linear Model using the real price of oil for 106 years of data from 1913 to 2018 concerning the asymmetric problem in filtering and forecasting. We use DLM form of the basic Hoteling Model under Quadratic loss function, Kullback-Leibler, Hellinger and LINEX trying to address the ...

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...

in this article, a multi-objective function for placement of distributed generation (dg) and capacitors with thetap setting of under load tap changer (ultc) transformer is introduced. most of the recent articles have paidless attention to dg, capacitor placement and ultc effects in the distribution network simultaneously. insimulations, a comparison between different modes was carried out with,...