• Title/Summary/Keyword: Replacement warranty

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Cost analysis on renewable warranty policies subject to imperfect strategies using inter-failure intervals

  • Park, Minjae
    • International Journal of Reliability and Applications
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    • v.14 no.1
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    • pp.41-54
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    • 2013
  • In this paper, cost analysis is conducted using inter-failure interval under renewable warranty subject to imperfect repair for multi-component system. One way to model the imperfect repair is to use the quasi-renewal process (Wang and Pham 1996). Two alternative quasi-renewal processes were suggested by Park and Pham (2010) using quasi-renewal process; first is an altered quasi-renewal process with random variable parameter and second is a mixed quasi-renewal process considering replacement service and repair service, simultaneously. In this study, we use the altered and mixed quasi-renewal processes and develop the warranty cost model to obtain the expected value of warranty cost and to help company make important decisions regarding the warranty policy. Numerical examples are used to demonstrate the applicability of the methodology derived in the paper.

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Two stage maintenance policy under non-renewing warranty (비재생보증 하에서의 이단계 보전정책)

  • Jung, Ki Mun
    • Journal of the Korean Data and Information Science Society
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    • v.27 no.6
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    • pp.1557-1564
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    • 2016
  • Recently, an extended warranty of a system following the expiration of the basic warranty is becoming increasingly popular to the user. In this respect, we suggest a two stage maintenance policy under the non-renewing warranty from the user's point of view in this paper. In the first stage, the user has to decide whether or not to purchase the extended warranty period. And, in the second stage, the optimal replacement period following the expiration of the warranty is determined. Under the extended warranty, the failed system is minimally repaired by the manufacturer at no cost to the user. We utilize the expected cost from the user's perspective to determine the optimal two stage maintenance policy. Finally, a few numerical examples are given for illustrative purpose.

Cost Analysis and Period Determination in Stepdown Warranty Policy (단계별 보증제도에서의 비용분석 및 보증기간 설정)

  • Kim, Jae-Jung;Jang, Jung-Sun;Kim, Won-Jung
    • Journal of Korean Society for Quality Management
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    • v.20 no.1
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    • pp.39-47
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    • 1992
  • This paper is concerned with cost analysis and determination of warranty period in a stepdown warranty policy. Manufacturer's warranty cost is analyzed for nonrepairable item, where the warranty is assumed to be renewed at any failure within the warranty period. It is shown that from this result in free replacement policy, pro-rata policy and hybrid policy can be easily calculated. The method of determining optimal warranty period is also explored.

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Cost Analysis of Manufacturer's View Point Under Stepdown Warranty Policy

  • Kim, Jae Joong;Kim, Won Joong
    • Journal of Korean Society for Quality Management
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    • v.19 no.1
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    • pp.103-114
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    • 1991
  • This article is concerned with cost analysis in warranty policy. The warranty cost can be different according to warranty rate and warranty renewal policy. In this paper the stepdown warranty policy is analyzed. Assuming the nonrepairable item, manufacturer's cost is calculated in stepdown warranty policy and free replacement, pro-rata, hybrid policy. Numerical examples are given over Weibull time-to-failure distribution.

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A Bayesian approach to maintenance strategy for non-renewing free replacement-repair warranty

  • Jung, K.M.
    • International Journal of Reliability and Applications
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    • v.12 no.1
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    • pp.41-48
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    • 2011
  • This paper considers the maintenance model suggested by Jung and Park (2010) to adopt the Bayesian approach and obtain an optimal replacement policy following the expiration of NFRRW. As the criteria to determine the optimal maintenance period, we use the expected cost during the life cycle of the system. When the failure times are assumed to follow a Weibull distribution with unknown parameters, we propose an optimal maintenance policy based on the Bayesian approach. Also, we describe the revision of uncertainty about parameters in the light of data observed. Some numerical examples are presented for illustrative purpose.

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The Cost Analysis of Consumer's View of the Stepdown Warranty Policy (단계별 사후보증제도에서의 소비자비용분석)

  • 김원중;김재중
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.11 no.17
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    • pp.55-65
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    • 1988
  • This article suggests the costs analysis of resumer's view under the stepdown warranty is renewd whenever a failure occurs in the warranty period. And the general warranty policy is showed such as free replacement policy prorata warranty policy, hybrid warranty policy. In this respect case, the cost of consumer is also calculated. In order to study the cost analysis of consumer. "RENEWAL THEORY" is introduced and the cost of consumer is calculated.alculated.

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Repair-Replacement Strategies for Warrantied Items with Phase-Type Lifetimes (PH 수명분포를 갖는 보증제품의 수리-교체 전략)

  • Kim, Ho-Gyun;Bae, Chang-Ok;Kim, Seung-Cheol
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2005.05a
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    • pp.686-691
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    • 2005
  • We are concerned with the question of servicing warranties for repairable items. During the warranty period, each time an item fails the manufacturer has the obligation to restore the item to operational condition either by repairing the item or by replacing it by a new item. In this paper, we consider the repair-replacement strategies based on the condition of the failed item. For products with phase-type lifetime distributions where the phases represent the condition of the item, we develop algorithms to determine the expected cost of servicing a warranty and use it in making the repair-replacement decision. Illustrative numerical examples are presented. We also propose a dynamic strategy by taking the expected remaining warranty cost into consideration.

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Cost Analysis of a Stepdown Warranty Policy

  • Kim, Won Joong;Yi, Keun Heui
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.10 no.15
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    • pp.23-32
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    • 1987
  • This paper proposes a stepdown warranty policy: the warranty period consists of subintervals where the manufacturer's compensation is constant for warranty failures and decreases with the subinterval's number. Manufacturer's unit warranty cost is analyzed for both irrepairable and repairable products. we assume that only minimal repairs are performed for repairable items. Comparison with the free replacement polity indicates that the proposed policy has a longer warranty period if tile warranty reserves are the same and that manufacturer`s unit warranty cost is smaller if the warranty periods are tile same. Some numerical examples are also given.

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An Opportunity-based Age Replacement Policy with Warranty Analysed by Using TTT-Transforms

  • Iskandar, Bermawi P.;Klefsjo, Bengt;Sandoh, Hiroaki
    • International Journal of Reliability and Applications
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    • v.1 no.1
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    • pp.27-38
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    • 2000
  • In a recent paper Iskandar & Sandoh (1999) studied an opportunity-based age replacement policy for a system which has a warranty period (0,S]. When the system fails at age x $\leq$ S a minimal repair is performed. If an opportunity occurs to the system at age x, S $\leq$ x $\leq$ T, we take the opportunity with probability p to preventively replace the system, while we conduct a corrective .replacement when its fails in (S,T). Finally, if its age reaches T, we perform a preventive replacement, Under this policy the design variable is T. For the case when opportunities occur according to a homogeneous Poisson process, the long-run average cost of this policy was formulated and studied analytically by Iskandar & Sandoh (1999). The same problem is here analysed by using a graphical technique based on scaled TTT-transforms. This technique gives, among other things, excellent possibilities for different types of sensitivity analysis. We also extend the discussion to the situation when we have to estimate T based on times to failure.

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Maintenance Policy Based on Cost and Downtime Following the Expiration of Combination Warranty (혼합보증이 종료된 이후의 비용과 비가동시간에 근거한 보전정책)

  • Jung, Ki-Mun
    • Communications for Statistical Applications and Methods
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    • v.15 no.6
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    • pp.909-923
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    • 2008
  • This paper considers the replacement model and the preventive maintenance model following the expiration of combination warranty for a repairable system. If the system fails after the combination warranty is expired, then it is minimally repaired at each failure. The criterion used to determine the optimal replacement policy and the optimal preventive maintenance policy is the overall value function based on the expected cost rate per unit time and the expected downtime per unit time. The numerical examples are presented for illustrative purpose when the failure time follows a Weibull distribution.