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Optimal Warranty Period For Free-Replacement Policy Of Agm Batteries, Jennifer Paola Garantiva Poveda
Optimal Warranty Period For Free-Replacement Policy Of Agm Batteries, Jennifer Paola Garantiva Poveda
Theses and Dissertations
The objective of this study is to analyze the suitability of the age-based warranty model and a millage based warranty model for absorbent glass mat batteries (AGM) for the automobile industry. The battery life expectancy can be assessed and described by a combination of different terms such as: state of health (SOH), deep of discharge (DOD), state of energy (SOE) and state of charge (SOC). However, using actual data from the field, the implementation of reliability engineering and statistical modeling we aim to calculate optimal limits for warranty policies that minimize warranty costs. The outcomes of this research will enable …
Warranty Period And Product Price Optimization For Remanufactured Products, Yuxi Liu
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.