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Note---A Prediction Model for Manufacturer Warranty Reserves

Author

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  • Marlin U. Thomas

    (Department of Industrial Engineering, Lehigh University, Bethlehem, Pennsylvania 18015)

Abstract

A model for predicting warranty reserves for manufactured units having exponential failures is extended for more general failure distributions. The model allows for discounting. Sample calculations are provided.

Suggested Citation

  • Marlin U. Thomas, 1989. "Note---A Prediction Model for Manufacturer Warranty Reserves," Management Science, INFORMS, vol. 35(12), pages 1515-1519, December.
  • Handle: RePEc:inm:ormnsc:v:35:y:1989:i:12:p:1515-1519
    DOI: 10.1287/mnsc.35.12.1515
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    File URL: http://dx.doi.org/10.1287/mnsc.35.12.1515
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    Cited by:

    1. Marlin U. Thomas & Sridevi S. Rao, 1999. "Warranty Economic Decision Models: A Summary and Some Suggested Directions for Future Research," Operations Research, INFORMS, vol. 47(6), pages 807-820, December.
    2. Huang, Yeu-Shiang & Gau, Wei-Yo & Ho, Jyh-Wen, 2015. "Cost analysis of two-dimensional warranty for products with periodic preventive maintenance," Reliability Engineering and System Safety, Elsevier, vol. 134(C), pages 51-58.

    More about this item

    Keywords

    marketing; product policy;

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