Reliability, pricing and quality control (Q1820660)
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Reliability, pricing and quality control |
scientific article |
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Reliability, pricing and quality control (English)
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1987
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The purpose of this paper is to construct a theoretical framework which allows a manufacturer to examine the tradeoffs between pricing, reliability, design and quality control issues. In particular, the paper investigates effects of risk aversion on the relative prominence of one or the other policy instruments. In addition, the results of extensive numerical analyses are presented relating basic managerial guidelines with price, reliability and quality control.
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risk aversion
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