Bouguerra, Soumaya; Chelbi, Anis; Rezg, Nidhal - In: International Journal of Production Economics 135 (2012) 2, pp. 840-849
Numerous products are sold with a warranty period and the possibility of buying an extended warranty for a given additional cost. The buyer has then to decide to take the extended warranty or not when purchasing the product. We develop in this paper a mathematical model to study the opportunity...