Article ID: | iaor20021154 |
Country: | United Kingdom |
Volume: | 8 |
Issue: | 3 |
Start Page Number: | 337 |
End Page Number: | 347 |
Publication Date: | May 2001 |
Journal: | International Transactions in Operational Research |
Authors: | Murthy D.N.P., Djamaludin I., Kim C.S. |
Keywords: | warranty |
Models for cost analysis of one-dimensional warranty policies assume that the usage intensity (or rate) is the same for all users. In real life the usage intensity varies across the population of users. This paper deals some simple models to study the expected warranty cost for products sold with free replacement warranty with varying usage intensity.