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Warranty costs for repairable products with a two-attribute policy: impact of warranty execution

Author

Listed:
  • Amitava Mitra
  • Jayprakash G. Patankar

Abstract

A warranty policy involving two attributes, for example time and usage, is considered. Usage is assumed to be related to time through the usage rate, considered to be a random variable satisfying a specified probability distribution. The paper analyses a policy where the product is repaired on failure within the specified parameters but warranty is not renewed. The failure distribution of the repaired items is assumed to be different from the failure distribution of new items. Furthermore, the situation that warranty may not be executed all the time is incorporated. Consumer behaviour is modelled through a warranty execution function.

Suggested Citation

  • Amitava Mitra & Jayprakash G. Patankar, 2006. "Warranty costs for repairable products with a two-attribute policy: impact of warranty execution," International Journal of Operational Research, Inderscience Enterprises Ltd, vol. 1(4), pages 363-381.
    • Handle: RePEc:ids:ijores:v:1:y:2006:i:4:p:363-381
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    Citations

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    Cited by:

    1. Shafiee, Mahmood & Chukova, Stefanka, 2013. "Maintenance models in warranty: A literature review," European Journal of Operational Research, Elsevier, vol. 229(3), pages 561-572.
    2. Xiaolin Wang & Wei Xie, 2018. "Two-dimensional warranty: A literature review," Journal of Risk and Reliability, , vol. 232(3), pages 284-307, June.

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