Warranty cost analysis: Renewing warranty with non-zero repair time

Stefanka Chukova, Yu Hayakawa

Research output: Contribution to journalArticle

12 Citations (Scopus)

Abstract

The main focus of this study is on the modeling of the warranty claims and evaluating the warranty expenses. The cost of each warranty claim depends on the repair time associated with the claim. Alternating renewal process is used to model the operating and repair times. The warranty costs over the warranty period under renewing free replacement policy are evaluated. Also, the expected warranty expenses over the life cycle of the product are studied. Numerical examples illustrate the ideas.

Original languageEnglish
Pages (from-to)93-112
Number of pages20
JournalInternational Journal of Reliability, Quality and Safety Engineering
Volume11
Issue number2
DOIs
Publication statusPublished - 2004 Jun 1

Keywords

  • Alternating renewal process
  • Non-zero repair time
  • Renewing warranty
  • Warranty cost analysis

ASJC Scopus subject areas

  • Computer Science(all)
  • Nuclear Energy and Engineering
  • Safety, Risk, Reliability and Quality
  • Aerospace Engineering
  • Energy Engineering and Power Technology
  • Industrial and Manufacturing Engineering
  • Electrical and Electronic Engineering

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