A BAYESIAN APPROACH TO THE OPTIMAL WARRANTY LENGTH FOR PARETO DISTRIBUTED PRODUCT WITH THE GENERAL PROGRESSIVE TYPE-II CENSORING SCHEME
The object of the study is to determine the optimal warranty length under free replacement warranty (FRW), pro rata warranty (PRW) and combined warranty policies and the most beneficial warranty scheme to the producer for the product having Pareto life time distribution. A Bayesian approach is used...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Center for Quality, Faculty of Engineering, University of Kragujevac, Serbia
2019-09-01
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Series: | International Journal for Quality Research |
Subjects: | |
Online Access: | http://ijqr.net/journal/v13-n3/4.pdf |