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Engineering Commons

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Physical Sciences and Mathematics

University of Wisconsin Milwaukee

Theses and Dissertations

Optimization

Publication Year

Articles 1 - 2 of 2

Full-Text Articles in Engineering

Warranty Period And Product Price Optimization For Remanufactured Products, Yuxi Liu Dec 2015

Warranty Period And Product Price Optimization For Remanufactured Products, Yuxi Liu

Theses and Dissertations

This study considers a remanufactured electrical product under a tiered warranty policy. Warranty is key in ensuring a good manufacturer—consumer relationship. Manufacturers hope to minimize warranty costs while consumers believe that good warranty promises better product quality and reliability. This Thesis presents an optimal warranty period from the perspective of a manufacturer to maximize the total expected profits, while ensuring sustained consumer relation. We use real data from a local company with a global supply chain to provide a numerical example.


Bi- And Multi Level Game Theoretic Approaches In Mechanical Design, Ehsan Ghotbi Aug 2013

Bi- And Multi Level Game Theoretic Approaches In Mechanical Design, Ehsan Ghotbi

Theses and Dissertations

This dissertation presents a game theoretic approach to solve bi and multi-level optimization problems arising in mechanical design. Toward this end, Stackelberg (leader-follower), Nash, as well as cooperative game formulations are considered. To solve these problems numerically, a sensitivity based approach is developed in this dissertation. Although game theoretic methods have been used by several authors for solving multi-objective problems, numerical methods and the applications of extensive games to engineering design problems are very limited. This dissertation tries to fill this gap by developing the possible scenarios for multi-objective problems and develops new numerical approaches for solving them.

This dissertation …