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Optimal reliability improvement for used items sold with warranty

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journal contribution
posted on 06.12.2017, 00:00 by Gopinath Chattopadhyay, D Murthy
The market for used products is becoming more competitive and dealers of used products use warranty to promote sales as well as to provide assurnace to customers. Offering warranty results in additional costs associated with warranty servicing. This cost can be reduced through actions such as overhaul and upgrade that improves the reliability of the item. This is worthwhile only if the cost of improvement is less than the reduction in the warranty servicing cost. This paper deals with two models to decide on the reliability improvement strategies for used items sold with FRW policy.

History

Volume

5

Issue

2

Start Page

47

End Page

58

Number of Pages

12

ISSN

1598-0073

Location

Republic of Korea

Publisher

Korean Reliability Society

Additional Rights

CC-BY-NC-ND

Language

en-aus

Peer Reviewed

Yes

Open Access

Yes

External Author Affiliations

Norges teknisk-naturvitenskapelige universitet; Queensland University of Technology; University of Queensland;

Era Eligible

Yes

Journal

International journal of reliability and applications.

Exports

CQUniversity

Exports