On prorated servicing costs for two-dimensional warranties with combined repair-replacement strategies

Raja Jayaraman, Timothy I. Matis

    Research output: Contribution to journalArticlepeer-review

    3 Scopus citations

    Abstract

    We study a non-renewing two-dimensional warranty policy for repairable products with pro-rated cost for rectifying failures within a warranty coverage period defined by a rectangular region. Product failures in different warranty regions have different cost implications based on repair-replacement strategy employed by the manufacturer and the time and usage at the event of product failure. We obtain expressions for expected cost to the manufacturer based on two possible repair-replacement strategies which can be employed towards servicing the product in the event of failures and present the respective costs associated with them.

    Original languageBritish English
    Pages (from-to)274-295
    Number of pages22
    JournalInternational Journal of Product Development
    Volume12
    Issue number3-4
    DOIs
    StatePublished - Nov 2010

    Keywords

    • 2-D policy
    • Combination policies
    • Pro-rata cost
    • Warranty analysis

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