Optimal Warranty Length and Selling Price to Maximize the Profit

This study focuses on the problem of determining the optimal coverage period and selling price of warranted products from the manufacturer’s perspective. We first consider how to maximize the profit per unit under the assumption that the product can be sold or the demand is independent of the warran...

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Bibliographic Details
Main Authors: Yu-Hung Chien, Chung-Piao Chiang
Format: Article
Language:English
Published: Taiwan Association of Engineering and Technology Innovation 2017-01-01
Series:Advances in Technology Innovation
Subjects:
Online Access:http://ojs.imeti.org/index.php/AITI/article/view/205