• Title/Summary/Keyword: warranty policy

Search Result 84, Processing Time 0.026 seconds

Replacement Model Following the Expiration of Free RRNMW (무료 재생교체-비재생수리보증이 종료된 이후의 교체모형)

  • Jung, Ki-Mun
    • Communications for Statistical Applications and Methods
    • /
    • v.18 no.6
    • /
    • pp.697-705
    • /
    • 2011
  • This paper proposes an optimal replacement policy following the expiration of a free renewing replacement-non-renewing minimal repair warranty. To do so, the free renewing replacement-non-renewing minimal repair warranty is defined and then the maintenance model following the expiration of free renewing replacement-non-renewing minimal repair warranty from the user's point of view is studied. As the criteria to determine the optimality of the maintenance policy, we consider the expected cost rate per unit time from the user's perspective. We derive the expressions for the expected cycle length and the expected total cost to obtain the expected cost rate per unit time. Finally, the numerical examples are presented for illustrative purposes.

Extended warranty policy when minimal repair cost is a function of failure time (최소수리비용이 고장시간의 함수일 때 연장된 보증 정책)

  • Jung, Ki Mun
    • Journal of the Korean Data and Information Science Society
    • /
    • v.23 no.6
    • /
    • pp.1195-1202
    • /
    • 2012
  • In this paper, we determine the expected total cost from the user's perspective for the replacement model with the extended warranty when minimal repair cost is a function of failure time. To do so, we define the extended warranty and assume the replacement model following the expiration of extended warranty from the user's perspective. Especially, we propose the criterion to buy the extended warranty and the numerical examples are presented to illustrate the purpose when the failure time of the system has a Weibull distribution.

Collection and Analysis of Automotive Field Reliability Data (자동차 필드데이터 수집 및 신뢰도 분석)

  • Kwon, Young-Il
    • Journal of Applied Reliability
    • /
    • v.8 no.1
    • /
    • pp.1-13
    • /
    • 2008
  • A methodology for collection and analysis of automotive field reliability data is presented. Automotive warranty system usually covers a pre-determined period of time and/or mileage accumulation. Therefore mileage information for the vehicles that have not experienced any failure or problems during the warranty period is not available. In this paper, a reliability analysis method using the estimated mileage distribution from an additional survey for vehicles that have not any record during the warranty period is proposed. Methods of reliability analysis using the warranty information collected under the EU and US warranty policies are also provided.

  • PDF

A Bayesian approach to replacement policy following the expiration of non-renewing combination warranty based on cost and downtime (비재생혼합보증이 종료된 이후의 비용과 비가동시간에 근거한 교체정책에 대한 베이지안 접근)

  • Jung, Ki-Mun
    • Journal of the Korean Data and Information Science Society
    • /
    • v.21 no.5
    • /
    • pp.873-882
    • /
    • 2010
  • This paper considers a Bayesian approach to replacement policy following the expiration of non-renewing combination warranty. The non-renewing combination warranty is the combination of the non-renewing free replacement warranty and the non-renewing pro-rata replacement warranty. We use the criterion based on the expected cost and the expected downtime to determine the optimal replacement period. To do so, we obtain the expected cost rate per unit time and the expected downtime per unit time, respectively. When the failure times are assumed to follow a Weibull distribution with uncertain parameters, we propose the optimal replacement policy based on the Bayesian approach. The overall value function suggested by Jiang and Ji (2002) is utilized to determine the optimal replacement period. Also, the numerical examples are presented for illustrative purpose.

Warranty Policies for Non-Repairable Products with Phase-type Lifetime Distributions (수명분포가 Phase-Type인 수리불가능한 제품의 보증정책)

  • Kim, Ho Gyun
    • Journal of Korean Society for Quality Management
    • /
    • v.24 no.1
    • /
    • pp.1-9
    • /
    • 1996
  • Ritchken(1985) analyzes free replacement and pro-rata warranty policies for products receiving renewable warranies. He shows that for constant failure rates pro-rata warranty policies are more attractive to risk-averse manufacturers than shorter term free replacement policies that result in the same average warranty cost. This paper considers the case when product lifetimes distributions are of phase-type. When this is so, Ritchken's performance measures can be simplified considerably. It is found, that irrespective of the pattern of failure rates, pro-rata warranty policies are preferable to free replacement policies. But the warranty period of the equivalent free replacement policy decreases and then increases, as product reliability(the average time between failures) increases.

  • PDF

Cost analysis on renewable warranty policies subject to imperfect strategies using inter-failure intervals

  • Park, Minjae
    • International Journal of Reliability and Applications
    • /
    • v.14 no.1
    • /
    • pp.41-54
    • /
    • 2013
  • In this paper, cost analysis is conducted using inter-failure interval under renewable warranty subject to imperfect repair for multi-component system. One way to model the imperfect repair is to use the quasi-renewal process (Wang and Pham 1996). Two alternative quasi-renewal processes were suggested by Park and Pham (2010) using quasi-renewal process; first is an altered quasi-renewal process with random variable parameter and second is a mixed quasi-renewal process considering replacement service and repair service, simultaneously. In this study, we use the altered and mixed quasi-renewal processes and develop the warranty cost model to obtain the expected value of warranty cost and to help company make important decisions regarding the warranty policy. Numerical examples are used to demonstrate the applicability of the methodology derived in the paper.

  • PDF

Optimal Reliability Improvement for Used Items Sold with Warranty

  • Chattopadhyay, G.;Murthy, D.N.P.
    • International Journal of Reliability and Applications
    • /
    • v.5 no.2
    • /
    • pp.47-57
    • /
    • 2004
  • The market for used products is becoming more competitive and dealers of used products use warranty to promote sales as well as to provide assurance to customers. Offering warranty results in additional costs associated with warranty servicing. This cost can be reduced through actions such as overhaul and upgrade that improves the reliability of the item. This is worthwhile only if the cost of improvement is less than the reduction in the warranty servicing cost. This paper deals with two models to decide on the reliability improvement strategies for used items sold with FRW policy.

  • PDF

Maintenance Policy Based on Cost and Downtime Following the Expiration of Combination Warranty (혼합보증이 종료된 이후의 비용과 비가동시간에 근거한 보전정책)

  • Jung, Ki-Mun
    • Communications for Statistical Applications and Methods
    • /
    • v.15 no.6
    • /
    • pp.909-923
    • /
    • 2008
  • This paper considers the replacement model and the preventive maintenance model following the expiration of combination warranty for a repairable system. If the system fails after the combination warranty is expired, then it is minimally repaired at each failure. The criterion used to determine the optimal replacement policy and the optimal preventive maintenance policy is the overall value function based on the expected cost rate per unit time and the expected downtime per unit time. The numerical examples are presented for illustrative purpose when the failure time follows a Weibull distribution.

Optimization of Improvement Level for Second-Hand Product with Periodic Maintenance Schedule (주기적인 유지보수 계획에 따른 중고제품에 대한 최적 향상수준)

  • Kim, Dae-Kyung;Kim, Jin Woo;Park, Dong Ho
    • The Korean Journal of Applied Statistics
    • /
    • v.26 no.1
    • /
    • pp.151-162
    • /
    • 2013
  • Due to a growing demand for the second-hand product, especially for the expensive one, the warranty and maintenance policies for such products have been studied to improve the product reliability of late. In this paper we study a periodic maintenance model for the second-hand product which is purchased by the customer at the age of $x$. When purchased, the dealer provides a warranty of a fixed length during which the product is maintained periodically to reduce the failure rate of the product and thus, to improve the reliability after each maintenance is served. If a failure occurs between two successive maintenances, only minimal repair is conducted. As for the warranty policy, we adopt free non-renewing repair action on each failure, in addition to the periodic maintenance service during the warranty period. Thus, under the given warranty policy, all the maintenance and repair costs incurred during the warranty period are charged to the dealer. For the proposed periodic maintenance scheme, we formulate a cost model to evaluate the expected total cost charged to the dealer during the warranty period and derive an optimal upgrade level of the failure rate at each maintenance to minimize the expected total warranty cost from the perspective of the dealer. We also present numerical results for an optimal upgrade level based on the proposed methods.

An Opportunity-based Age Replacement Policy with Warranty Analysed by Using TTT-Transforms

  • Iskandar, Bermawi P.;Klefsjo, Bengt;Sandoh, Hiroaki
    • International Journal of Reliability and Applications
    • /
    • v.1 no.1
    • /
    • pp.27-38
    • /
    • 2000
  • In a recent paper Iskandar & Sandoh (1999) studied an opportunity-based age replacement policy for a system which has a warranty period (0,S]. When the system fails at age x $\leq$ S a minimal repair is performed. If an opportunity occurs to the system at age x, S $\leq$ x $\leq$ T, we take the opportunity with probability p to preventively replace the system, while we conduct a corrective .replacement when its fails in (S,T). Finally, if its age reaches T, we perform a preventive replacement, Under this policy the design variable is T. For the case when opportunities occur according to a homogeneous Poisson process, the long-run average cost of this policy was formulated and studied analytically by Iskandar & Sandoh (1999). The same problem is here analysed by using a graphical technique based on scaled TTT-transforms. This technique gives, among other things, excellent possibilities for different types of sensitivity analysis. We also extend the discussion to the situation when we have to estimate T based on times to failure.

  • PDF