The distribution of the present value of a pro rata warranty policy

International Journal of Industrial Engineering : Theory Applications and Practice

Volumn 13, Issue 4, 2006, Pages 395-401

  McCool, John I ^a  

^a PENNSYLVANIA STATE UNIVERSITY   (United States)

Author keywords

Present value; Pro rata; Reliability; Warranty; Weibull distribution

Indexed keywords

CUSTOMER SATISFACTION; INDUSTRIAL ENGINEERING; RELIABILITY ANALYSIS; STATISTICAL METHODS; WEIBULL DISTRIBUTION;

ORIGINAL ITEM COSTS; PRO RATA WARRANTY POLICY; WARRANTY PERIOD;

SERVICE LIFE;

EID: 34047170751     PISSN: 10724761     EISSN: 1943670X     Source Type: Journal    
DOI: None     Document Type: Article

References (7)

1. Anderson A.E. (1977). Product Price and Warranty Terms: An Optimization Model. Operations Research Quarterly, 28: 739-741.
2. Blischke, W. R, and Murthy, D.N P. (1994). Warranty Cost Analysis. Marcel Dekker, Inc..
3. Menke, W.W. (1969). Determination of Warranty Reserves. Management Science, 15: Application Series, B542-B549.
4. Mitra, A. and Patankar, J. (1988). Warranty Cost Estimation: A Goal Programming Approach. Decision Sciences, 19: 409-423.
5. Prechel, T, M. (1994). Present Value Costs of Extended Warranties, Professional Paper submitted in partial fulfillment of a Master's Degree in Industrial Engineering, Penn State Great Valley.
6. Singpurwalla, N.D., and Wilson, S. (1993). The Warranty Problem: Its Statistical and Game Theoretic Aspects, SIAM Review, 35: 17-42.
7. 6: Thomas, M., and Rao, S.S., (1999). Warranty Economic Decision Models: A Summary and Some Suggested Directions for Future Research, Operations Research 47: 807-820.