• Title/Summary/Keyword: warranty policy

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Cost Analysis of a Two-dimensional Warranty Policy with Replacement and Repair Regions (교체와 수리영역을 갖는 이차원 보증정책의 비용분석)

  • Yun, Won-Young;Yoo, Seung-Hyo
    • Journal of Korean Institute of Industrial Engineers
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    • v.22 no.2
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    • pp.247-253
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    • 1996
  • 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.

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Warranty Cost Models for a Product with a Two-Dimensional Warranty Policy (이차원 보증정책을 갖는 제품의 보증비용 모형)

  • ;D.N.P Murthy
    • Journal of Korean Society for Quality Management
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    • v.28 no.1
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    • pp.57-77
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    • 2000
  • A two-dimensional warranty policy, two types of warranty criteria, such as the age and mileage of an automobile, are employed simultaneously to determine the eligibility of a warranty claim. We deal with the analysis of a variety of combined two-dimensional free replacement warranty(FRW) and pro-rata replacement warranty(PRW). In this paper we also propose the analysis of policies with item failures modelled using the one-dimensional and two-dimensional approach, respectively. We obtain expressions for the expected warranty costs and illustrate through numerical examples.

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Preventive Maintenance Policy Following the Expiration of Extended Warranty Under Replacement-Repair Warranty (교체-수리보증 하에서 연장된 보증이 종료된 이후의 예방보전정책)

  • Jung, Ki Mun
    • Journal of Applied Reliability
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    • v.14 no.2
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    • pp.122-128
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    • 2014
  • In this paper, we consider the periodic preventive maintenance model for a repairable system following the expiration of extended warranty under replacement-repair warranty. Under the replacement-repair warranty, the failed system is replaced or minimally repaired by the manufacturer at no cost to the user. Also, under extended warranty, the failed system is minimally repaired by the manufacturer at no cost to the user during the original extended warranty period. As a criterion of the optimality, we utilize the expected cost rate per unit time during the life cycle from the user's perspective. And then we determine the optimal preventive maintenance period and the optimal preventive maintenance number by minimizing the expected cost rate per unit time. Finally, the optimal periodic preventive maintenance policy is given for Weibull distribution case.

Cost Analysis of a Stepdown Warranty Policy

  • Kim, Won Joong;Yi, Keun Heui
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.10 no.15
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    • pp.23-32
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    • 1987
  • This paper proposes a stepdown warranty policy: the warranty period consists of subintervals where the manufacturer's compensation is constant for warranty failures and decreases with the subinterval's number. Manufacturer's unit warranty cost is analyzed for both irrepairable and repairable products. we assume that only minimal repairs are performed for repairable items. Comparison with the free replacement polity indicates that the proposed policy has a longer warranty period if tile warranty reserves are the same and that manufacturer`s unit warranty cost is smaller if the warranty periods are tile same. Some numerical examples are also given.

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Warranty Analysis Based on Different Lengths of Warranty Periods

  • Park, Min-Jae
    • Communications for Statistical Applications and Methods
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    • v.18 no.3
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    • pp.277-286
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    • 2011
  • Global companies can sell their products with dierent warranty periods based on location and times. Customers can select the length of warranty on their own if they pay an additional fee. In this paper, we consider the warranty period and the repair time limit as random variables. A two-dimensional warranty policy is considered with repair times and failure times. The repair times are considered within the repair time limit and the failure times are considered within the warranty period. Under the non-renewable warranty policy, we obtain the expected number of warranty services and their variances in the censored area by warranty period and repair time limit to conduct a warranty cost analysis. Numerical examples are discussed to demonstrate the applicability of the methodologies and results using field data based on the proposed approach in the paper.

Two stage maintenance policy under non-renewing warranty (비재생보증 하에서의 이단계 보전정책)

  • Jung, Ki Mun
    • Journal of the Korean Data and Information Science Society
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    • v.27 no.6
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    • pp.1557-1564
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    • 2016
  • Recently, an extended warranty of a system following the expiration of the basic warranty is becoming increasingly popular to the user. In this respect, we suggest a two stage maintenance policy under the non-renewing warranty from the user's point of view in this paper. In the first stage, the user has to decide whether or not to purchase the extended warranty period. And, in the second stage, the optimal replacement period following the expiration of the warranty is determined. Under the extended warranty, the failed system is minimally repaired by the manufacturer at no cost to the user. We utilize the expected cost from the user's perspective to determine the optimal two stage maintenance policy. Finally, a few numerical examples are given for illustrative purpose.

Replacement Model after Extended Two-phase Warranty (연장된 이단계 보증 이후의 교체모형)

  • Jung, Ki Mun
    • Journal of Integrative Natural Science
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    • v.14 no.4
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    • pp.197-204
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    • 2021
  • Under the two-phase warranty, the warranty period is divided into two intervals, one of which is for renewing replacement warranty, and the other is for minimal repair warranty. Jung[13] discusses the two types of extended two-phase warranty models. In this paper, we suggest the replacement model after the extended two-phase warranty that has been proposed by Jung[13]. To determine the optimal replacement policy, we adopt the expected cost rate per unit time. So, the expressions for the total expected cost, the expected length of the cycle and the expected cost rate per unit time from the user's point of view are derived. Also, we discuss the optimal replacement policy and the uniqueness of the solution for the optimization. Furthermore, the numerical examples are provided to illustrate the proposed the replacement model.

Extended warranty model under minimal repair-replacement warranty policy

  • Jung, Ki Mun
    • International Journal of Reliability and Applications
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    • v.18 no.1
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    • pp.1-8
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    • 2017
  • In this paper, we study an extended warranty model under minimal repair-replacement warranty (MRRW) which is suggested by Park, Jung and Park (2013). Under MRRW policy, the manufacturer is responsible for providing the minimal repair-replacement services upon the system failures during the warranty period. And if the failure occurs during the extended warranty period, only the minimal repair is conducted. Following the expiration of extended warranty, the user is solely responsible for maintaining the system for a fixed length of time period and replaces the system at the end of such a maintenance period. During the maintenance period, only the minimally repair is given for each system failure. The main purpose of this article is to suggest the extended warranty and replacement model with MRRW. Given the cost structures incurred during the life cycle of the system, we formulate the expected cost and the expected length of life cycle to obtain the expected cost rate.

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Warranty Cost Analysis and Its Application to Replacement Policy for a Repairable Warranted Item (수리가능한 품목의 보증비용분석과 응용)

  • Son, Eun-Il;Suh, Yong-Sung;Park, Young-Taek
    • Journal of Korean Society for Quality Management
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    • v.22 no.3
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    • pp.54-65
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    • 1994
  • A hybrid warranty policy for a repairable item is considered. Assuming that minimal repairs ar e performed for failures during warranty period, present worth of warranty cost is derived from a supplier's viewpoint. An optimal preventive periodic replacement policy for the case is also derived from a user's viewpoint Numerical examples are presented in order to explain the results.

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Optimal replacement strategy under repair warranty with age-dependent minimal repair cost

  • Jung, K.M.
    • International Journal of Reliability and Applications
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    • v.12 no.2
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    • pp.117-122
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    • 2011
  • In this paper, we suggest the optimal replacement policy following the expiration of repair warranty when the cost of minimal repair depends on the age of system. To do so, we first explain the replacement model under repair warranty. And then the optimal replacement policy following the expiration of repair warranty is discussed from the user's point of view. The criterion used to determine the optimality of the replacement model is the expected cost rate per unit time, which is obtained from the expected cycle length and the expected total cost for our replacement model. The numerical examples are given for illustrative purpose.

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