Money-back guarantee warranty policy with preventive maintenance strategy for sensor-embedded remanufactured products

Repairable Product Warranty and Preventive Maintenance Policy

This paper considers four options of warranty and preventive maintenance policy. The product is repairable and sold with a non-renewing free warranty policy. For products sold with warranty, preventive maintenance (PM) actions by manufacturers and/or buyers have an impact on the total costs for both parties. In this study, we deal with a model to study the effect of PM that carried out by the m...

Warranty Period and Product Price Optimization for Remanufactured Products

Warranty and discrete preventive maintenance

Preventive maintenance actions over the warranty period have an impact on the warranty servicing cost to the manufacturer and the cost to the buyer of fixing failures over the life of the product after the warranty expires. However, preventive maintenance costs money and is worthwhile only when these costs exceed the reduction in other costs. The paper deals with a model to determine when preve...

Preventive-maintenance policy for leased products under various maintenance costs

This paper investigates the effects of preventive-maintenance cost functions on the optimal preventive-maintenance policy for a leased product with Weibull life-time distribution. During the lease period, any product failures are rectified by minimal repairs and may incur a penalty to the lessor, if the time duration for performing a minimal repair exceeds a pre-specified time limit. To reduce ...