• The Korean Journal of Applied Statistics
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• v.15 no.1
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• pp.107-117
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• 2002

In this paper we present the optimal replacement policies following the expiration of combination warranty. We consider two types of combination warranty policies: renewing warranty and non-renewing warranty. The criterion used to determine the optimal replacement period is the expected cost rate per unit time from the user'perspective. The optimal maintenance period following the expiration of combination warranty is obtained. Some numerical examples are presented for illustrative purpose.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.35 no.2
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• pp.71-79
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• 2012

In this paper, an evaluation of a product replacement ratio of irreparable items to the normally working ones is performed with a view to a warranty analysis. It is demonstrated that the replacement ratio during the warranty period can be estimated from the field data collected during the period of operation, and one can provide the management with a useful information regarding the appropriateness for the warranty period, which is vital to the product marketing strategy. Although warranty data usually take the form of multiply right censored interval data, the conventional reliability analysis method seems to be good enough as in this case. More sophisticated method such as warranty cost analysis and 2-dimensional warranty analysis is yet desired.

• International Journal of Reliability and Applications
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• v.18 no.1
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• pp.9-20
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• 2017

In this paper, we consider a renewable repair-replacement warranty strategy with age-dependent minimal repair service and propose an optimal maintenance model during post-warranty period. Such model implements the repair time limit under warranty and follows with a certain form of system maintenance strategy when the warranty expires. The expected cost rate is investigated per unit time during the life period of the system as for the standard for optimality. Based on the cost design defined for each failure of the system, the expected cost rate is derived during the life period of the system, considering that a renewable minimal repair-replacement warranty strategy with the repair time limit is provided to the customer under warranty. When the warranty is finished, the maintenance of the system is the customer's responsibility. The life period of the system is defined and the expected cost rate is developed from the viewpoint of the customer's perspective. We obtain the optimal maintenance strategy during the maintenance period by minimizing such a cost rate after a warranty expires. Numerical examples using field data are shown to exemplify the application of the methodologies proposed in this paper.

• Communications for Statistical Applications and Methods
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• v.18 no.6
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• pp.697-705
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• 2011

This paper proposes an optimal replacement policy following the expiration of a free renewing replacement-non-renewing minimal repair warranty. To do so, the free renewing replacement-non-renewing minimal repair warranty is defined and then the maintenance model following the expiration of free renewing replacement-non-renewing minimal repair warranty from the user's point of view is studied. As the criteria to determine the optimality of the maintenance policy, we consider the expected cost rate per unit time from the user's perspective. We derive the expressions for the expected cycle length and the expected total cost to obtain the expected cost rate per unit time. Finally, the numerical examples are presented for illustrative purposes.

• Journal of Korean Society for Quality Management
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• v.28 no.1
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• pp.57-77
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• 2000

A two-dimensional warranty policy, two types of warranty criteria, such as the age and mileage of an automobile, are employed simultaneously to determine the eligibility of a warranty claim. We deal with the analysis of a variety of combined two-dimensional free replacement warranty(FRW) and pro-rata replacement warranty(PRW). In this paper we also propose the analysis of policies with item failures modelled using the one-dimensional and two-dimensional approach, respectively. We obtain expressions for the expected warranty costs and illustrate through numerical examples.

• Journal of Applied Reliability
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• v.13 no.4
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• pp.229-239
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• 2013

This paper reports a manner to use a Bayesian approach to derive the optimal replacement policy. In order to produce a system with minimal repair warranty, a replacement model with the extended warranty is considered. Within the warranty period, the failed system is minimally repaired by the manufacturer at no cost to the end-user. The failure time is assumed to follow a Weibull distribution with unknown parameters. The expected cost rate per unit time, from the end-user's viewpoints, is induced by the Bayesian approach, and the optimal replacement policy to minimize the cost rate is proposed. Finally, a numerical example illustrating to derive the optimal replacement policy based on the Bayesian approach is described.

• Journal of Integrative Natural Science
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• v.17 no.2
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• pp.43-51
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• 2024

Jung et al.(2015) suggest the two-phase warranty model, which is a general type of warranty model. Under the two-phase warranty, the warranty period is divided into two intervals, one of which is for renewing replacement warranty, and the other is for minimal repair warranty. And warranty policies play a very important role in product marketing. In this paper, we suggest the optimal warranty policy for free extended two-phase warranty. To determine the optimal warranty period, we adopt the expected profit per unit product. So, the expressions for the total expected cost, the sale price and the expected profit per unit product from the manufacturer's point of view are derived. Also, we discuss the optimal warranty period and the numerical examples are provided to illustrate the proposed the warranty policy.

• Journal of Korean Society for Quality Management
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• v.24 no.1
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• pp.1-9
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• 1996

Ritchken(1985) analyzes free replacement and pro-rata warranty policies for products receiving renewable warranies. He shows that for constant failure rates pro-rata warranty policies are more attractive to risk-averse manufacturers than shorter term free replacement policies that result in the same average warranty cost. This paper considers the case when product lifetimes distributions are of phase-type. When this is so, Ritchken's performance measures can be simplified considerably. It is found, that irrespective of the pattern of failure rates, pro-rata warranty policies are preferable to free replacement policies. But the warranty period of the equivalent free replacement policy decreases and then increases, as product reliability(the average time between failures) increases.

• Journal of Korean Institute of Industrial Engineers
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• v.13 no.2
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• pp.59-63
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• 1987

An age replacement policy is considered for a system under a stepdown warranty. It is assumed that only minimal repairs are performed for failures occurred before age T.A unique optimal value of T which minimiges the expected cost rate is obtained. The cases of the free replacement warranty, prorata warranty and hybrid warranty are also considered and some numerical examples are given.

• Journal of the Korean Data and Information Science Society
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• v.23 no.6
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• pp.1195-1202
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• 2012

In this paper, we determine the expected total cost from the user's perspective for the replacement model with the extended warranty when minimal repair cost is a function of failure time. To do so, we define the extended warranty and assume the replacement model following the expiration of extended warranty from the user's perspective. Especially, we propose the criterion to buy the extended warranty and the numerical examples are presented to illustrate the purpose when the failure time of the system has a Weibull distribution.