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...

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Bibliographic Details
Main Authors: Arnold, R (Author), Chukova, S (Author), Hayakawa, Y (Author), Marshall, S (Author)
Format: Others
Published: arXiv, 2019-01-13T23:10:13Z.
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