For a repairable product that fails under warranty, the manufacturer can choose between repair and replacement. Many … different warranty servicing strategies involving these two types of rectification action have already been studied. In this … optimally to minimize expected warranty servicing costs. We develop models to obtain the optimal parameter values for each new …

Manufacturers supplying products under warranty need a strategy to deal with failures during the warranty period … costs. Because of the short life cycles of many products, manufacturing may be discontinued before the end of the warranty … under warranty that will be returned from the field (the last time buy decision). This is a trade-off between product …

For many types of equipment whose maintenance requires skilled labor or whose random failure may have serious … consequences, such as aircraft engines, medical equipment and others, customers generally prefer to entrust maintenance activities … to the manufacturer or any of its representatives. The latter must, in turn, provide the customer with a maintenance …

optimal sale price, warranty period and warranty price for the manufacturer and the optimal maintenance cost or repair cost …A warranty is a service contract between a manufacturer and a customer which plays a vital role in many businesses and … aforementioned participants will be modeled using the game theory approach. Under non-cooperative and semi-cooperative games, the …

Offering warranty for a second-hand item stimulates the sales of the item, but at the same time, it accumulates … additional warranty servicing cost. This additional cost can be reduced through actions that improve the reliability of the item … strategies that achieve a sensible trade-off between the cost of an upgrade action and the reduction of the expected warranty …

, including rebranding and warranty curtailments, were detrimental to domestic manufacturer market shares. Safety appliance …

determine the optimal testing time of the software so as to minimize the total expected software maintenance cost. We consider a … reliability and maintenance cost. It is noticed that the operational reliability concept should be adopted for the software …

A service plan is a type of optional warranty beyond manufacturers' base warranties that retailers offer to consumers …. In this paper, we examine how a service plan affects the role played by a manufacturer's base warranty. Analysis shows … that when consumers can assess product quality (i.e., the probability of product failure), the manufacturer's warranty is …