Warranty Cost Analysis for Nonrepairable Services Products

Wu, Shaomin and Xie, Min (2008) Warranty Cost Analysis for Nonrepairable Services Products. International Journal of Systems Science, 39 (3). pp. 279-288. ISSN 00207721 . (Full text available)

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http://dx.doi.org/10.1080/00207720701792198

Abstract

Many service products are installed in a complex system that is operated only when the entire system is completed. The time from their installation to commissioning, called a dormant state in this article, may take several years for systems such as complete buildings or aircraft. Warranties for the products may cover the time starting from their installation to a certain time. Warranty cost on replacements for such products is different from normal products without any dormant state. This article analyses the replacement cost for nonrepairable services products from a manufacturer perspective. We consider four warranty policies, which include two types of warranty terms (i.e., nonrenewing or renewing) and two types of replacements (i.e., with preventive replacement or replacement only upon failures). Relationships between the failure patterns at the dormant state and at the operating state are also discussed. Numerical examples and sensitivity analysis are presented to demonstrate the applicability of the methodology described in this article.

Item Type: Article
Additional information: Unmapped bibliographic data: PY - 2008/// [EPrints field already has value set] AD - Sustainable Systems Department, School of Applied Science, Cranfield University, Bedfordshire MK43 0AL, United Kingdom [Field not mapped to EPrints] AD - Department of Industrial and Systems Engineering, National University of Singapore, Singapore 119260, Singapore [Field not mapped to EPrints] JA - Int J Syst Sci [Field not mapped to EPrints]
Uncontrolled keywords: Corrective maintenance, Dormant state, Nonrenewing warranty policy, Preventive replacement, Renewing warranty policy, Warranty cost, Aircraft manufacture, Cost functions, Installation, Numerical methods, Preventive maintenance, Sensitivity analysis, Systems analysis, Corrective maintenance, Dormant states, Preventive replacement, Renewing warranty policy, Warranty, Warranty costs, Product development
Subjects: H Social Sciences
H Social Sciences > HA Statistics > HA33 Management Science
Divisions: Faculties > Social Sciences > Kent Business School
Faculties > Social Sciences > Kent Business School > Management Science
Depositing User: Shaomin Wu
Date Deposited: 28 Sep 2012 15:21
Last Modified: 02 May 2014 08:10
Resource URI: http://kar.kent.ac.uk/id/eprint/31015 (The current URI for this page, for reference purposes)
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