Warranty cost analysis with heterogeneous usage intensity

Warranty cost analysis with heterogeneous usage intensity

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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: , ,
Keywords: warranty
Abstract:

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.

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