Item Replacement Policy with Minimal Repair in Stepdown Warranty Model

This paper proposes age replacement policy in stepdown warranty policy. The replacement policy is considered in case of minimally repairable items. And renewal theory is used in analyzing warranty costs. The expected cost per unit time is presented in stepdown warranty policy, free replacement, prorata and hybrid policy. In this article it is assumed that item is replaced at the age of T but the any failure is minimally repaired before the age T. At this point the expected cost per unit time is shown in customer's view point. And numerical example is explored in weibull time-to-failure distribution.