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Physical Sciences and Mathematics Commons

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Mathematics

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New Jersey Institute of Technology

Theses/Dissertations

2011

Imperfect repairs

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Full-Text Articles in Physical Sciences and Mathematics

Some Contributions To Modeling Usage Sensitive Warranty Servicing Strategies And Their Analyses, Rudrani Banerjee May 2011

Some Contributions To Modeling Usage Sensitive Warranty Servicing Strategies And Their Analyses, Rudrani Banerjee

Dissertations

Providing a warranty as a part of a product's sale is a common practice in industry. Parameters of such warranties (e.g., its duration limits, intensity of use) must be carefully specified to ensure their financial viability. A great deal of effort has been accordingly devoted in attempts to reduce the costs of warranties via appropriately designed strategies to service them. many such strategies, that aim to reduce the total expected costs of the warrantor or / and are appealing in other ways such as being more pragmatic to implement - have been suggested in the literature. Design, analysis and optimization …