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Showing 1 to 2 of 2 for “"Repair-replace strategy"”.
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Data analysis and simulation for warranties and golf handicaps
… of servicing costs for Non-Renewing Free Replacement Warranties (NR-FRW) assumes that the consumers' usage profile is known. Such an assumption is unrealistic for many consumer durables. In such cases, it would be pragmatic to assume that the usage rate should be modeled by a probability …
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Some contributions to modeling usage sensitive warranty servicing strategies and their analyses
… price, consumer's usage rate, types and costs of repair actions. By taking into account the impact of the rate of use of an item on its lifetime, a central focus of our research is on warranty cost models that are sensitive to the usage rate. Specifically, except the model in Chapter 4 where the …