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: | Moon Ilkyeong, Yun W. |
Keywords: | maintenance, repair & replacement |
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.