Warranty cost analysis under continuous sales

Warranty cost analysis under continuous sales

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Article ID: iaor19991637
Country: United Kingdom
Volume: 49
Issue: 2
Start Page Number: 176
End Page Number: 178
Publication Date: Feb 1998
Journal: Journal of the Operational Research Society
Authors: ,
Keywords: maintenance, repair & replacement
Abstract:

The modeling and analysis of a variety of warranty policies and some related optimisation problems have been widely studied during the last decades. Recently, Blischke and Murthy proposed a new model for warranty servicing under continuous sales. However, we point out that there is a crucial mistake in their formulation, and provide a correct formulation. We illustrate the amounts of estimation errors using the numerical example of Blischke and Murthy.

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