Discounted and Per Unit Net Revenues and Costs of Product Warranty: The Case of Phase-Type Lifetimes

DOI10.1287/MNSC.39.10.1246zbMATH Open0808.90079OpenAlexW2136068851MaRDI QIDQ4287699FDOQ4287699

Authors: Edward P. C. Kao, Marion Spokony Smith 

Publication date: 5 March 1995

Published in: Management Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/mnsc.39.10.1246

Recommendations

• Discounted and Per Unit Costs of Product Warranty
• Cost analysis of warranty policies
• Cost analysis of pro rata and free-replacement warranties
• Probability distributions of cost, revenue and profit over a warranty cycle
• Replacement Costs Under Warranty: Cost Moments and Time Variability

zbMATH Keywords

phase-type lifetimesproduct warrantypro-rata warrantycost and revenue analysisordinary free replacement warrantyunlimited free replacement warranty

Mathematics Subject Classification ID

Production models (90B30)

Cited In (4)

• Computational approximations of renewal process relating to a warranty problem: The case phase-type lifetimes
• Discounted and Per Unit Costs of Product Warranty
• Approximations of availability function using phase type distribution
• Discounted costs for repairable units under hybrid warranty

Uses Software

• pchip

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