Optimising extended warranty policies following the two-dimensional warranty with repair time threshold
نویسندگان
چکیده
منابع مشابه
Maintenance policies with two-dimensional warranty
A new maintenance policy which minimizes the total expected servicing cost for an item with two–dimensional warranty is proposed. An iterative procedure to estimate the item’s failure rate function from historical observations and an optimization algorithm based on Monte Carlo simulation are applied to obtain the best maintenance policy. Numerical examples and sensitivity analysis are presented.
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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 ...
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In this paper, a new servicing strategy with imperfect repair is defined and studied for the manufacturer of a product sold with a two-dimensional warranty. The strategy is based on a specified region of the warranty defined in terms of age and usage, with the first failure in the region rectified by an imperfect repair and all other failures being minimally repaired. Product failures are model...
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Nowadays, offering extended warranty is considered as a lucrative source of income from the perspective of the after-sale service providers. Meanwhile, the main concern is presence or absence of base warranty and strategies adopted by the manufacturer during this period. Moreover, extended warranty structure must be responsive and customer oriented, which not only control the services cost but ...
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The objective of this study is to develop a warranty servicing strategy, based on imperfect and minimal repairs, that minimises the total warranty servicing cost. For pre-specified degrees of repair, the expected warranty servicing cost is minimised by optimally partitioning a two-dimensional rectangular warranty region into n disjoint subregions. We numerically illustrate the imperfect repair ...
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ژورنال
عنوان ژورنال: Eksploatacja i Niezawodnosc - Maintenance and Reliability
سال: 2018
ISSN: 1507-2711
DOI: 10.17531/ein.2018.4.3