Warranty Cost Analysis with an Alternating Geometric Process
In this study we model the warranty claims process and evaluate the warranty servicing costs under non-renewing and renewing free repair warranties. We assume that the repair time for rectifying the claims is non-zero and the repair cost is a function of the length of the repair time. To accommodate...
Main Authors: | , , , |
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Format: | Others |
Published: |
arXiv,
2019-01-13T23:10:13Z.
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Subjects: | |
Online Access: | Get fulltext |