Journal of Korean Institute of Industrial Engineers (대한산업공학회지)
- Volume 22 Issue 2
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- Pages.247-253
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- 1996
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- 1225-0988(pISSN)
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- 2234-6457(eISSN)
Cost Analysis of a Two-dimensional Warranty Policy with Replacement and Repair Regions
교체와 수리영역을 갖는 이차원 보증정책의 비용분석
- Received : 19960100
- Published : 1996.06.30
Abstract
This paper proposes a new two-dimensional warranty policy with replacement and repair regions and analyses the warranty cost under the new warranty policy. The product is sold under a two-dimensional warranty(usage and age) in which two regions exist : the failed product is replaced by the manufacturer in the replacement region or minimally repaired by the manufacturer in the repair region. The formula of the expected warranty cost under some assumptions about usage and failure is obtained. Numerical examples are studied.
Keywords