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We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth … model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses … the model of quality improvements todescribe obsolescence. If the maintenance costs become too high, the operating profits …
Persistent link: https://www.econbiz.de/10010325047
free replacement warranty. In the proposed replacement policy, a maintenance action and failure are dependent on a system … degradation level and the system age, and hence the replacement model will provide more effective maintenance decisions. Failure … selects an appropriate maintenance option based on the revealed system condition together with the system operational age. At …
Persistent link: https://www.econbiz.de/10013470826
period. They are function of the quality, usage and maintenance (storage) of sold product. In marketing sense, warranty costs … mostly refer to warranty costs. Warranty costs are caused by repair and servicing of the sold products during the warranty …-term provisions - warranty costs on the performance of retailers, with special emphasis on Serbia. These theoretical, methodological …
Persistent link: https://www.econbiz.de/10011849494
We analyse contracts which pay out a guaranteed minimum rate of return and a fraction of a positive excess rate, which is specified on the basis of a benchmark portfolio. These contracts are closely related to unit--linked life--insurance/savings plan products and can be considered as...
Persistent link: https://www.econbiz.de/10010263089
If a seller delivers a good non-conforming to the contract, Article 2 of the UCC as well as European warranty law …
Persistent link: https://www.econbiz.de/10010263188
Purpose: Servitization is a rising trend as companies look for new revenue streams. This paper presents a study of customer care business model evolution in the smartphone industry. The paper identifies key changes in the business models during recent years and their implications for companies...
Persistent link: https://www.econbiz.de/10013326162
Developing new technologies pose challenges for modern organizations, including service organizations. The main goal of the article was to present the results of exploration of the passenger car repair process using the Celonis Snap program in the example of an authorized service station....
Persistent link: https://www.econbiz.de/10012601099
The dynamic rhythm of living in today's contemporary surroundings can not be considered without the use of personal and commercial vehicles, for transport of passengers and cargo. This means that every manufacturer in this segment, in their departments for development, find a way to increase...
Persistent link: https://www.econbiz.de/10010435954
road is repaired through a maintenance action that is considered as most cost-effective. Because of economies of scale it … is to a certain extent economical to limit the number of maintenance services by integrating neighboring segments into a … adopt a maintenance concept in which the road is occasionally regenerated from junction to junction with a distance of …
Persistent link: https://www.econbiz.de/10010324538
This paper discusses several strategies for the maintenance of light standards, where each light standard consists of n … average maintenance cost of the Europe Combined Terminals with approximately 8.3%. …
Persistent link: https://www.econbiz.de/10010324700