Journal of Korean Society of Industrial and Systems Engineering (산업경영시스템학회지)
- Volume 12 Issue 20
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- Pages.39-45
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- 1989
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- 2005-0461(pISSN)
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- 2287-7975(eISSN)
Cost Analysis of Manufacturer Under the Free Replacement, Pro-rata, Hybrid and Stepdown Warranty Policy
단계별 사후보증제도와 무료, 비율, 혼합형 보증제도에서 제조업자 입장의 비용분석
Abstract
This article is concerned with cost analysis in product warranty policy. The warranty cost can be different according to warranty rate and warranty renewal policy. In this paper the stepdown warranty is used. The warranty renewal policy is considered when the warranty is received upon free replacement period as item failing. Assuming the non repairable item as one item is sold, investigated manufacturer's cost in stepdown warranty policy. Also manufacturer's cost is calculated in the free replacement. pro-rata. hybrid policy. Numerical example is given over Weibull time to failure distribution, comparing stepdown warranty policy with free replacement, pro-rata, hybrid one in the manufacturer's point of view. The sensitivity analysis of warranty cost according to the number of warranty period step is included.
Keywords