Warranty/Maintenance: On Modeling Non-zero Rectification Times

Stefanka Chukova () and Yu Hayakawa ()
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Stefanka Chukova: Victoria University of Wellington
Yu Hayakawa: Waseda University

A chapter in Stochastic Reliability and Maintenance Modeling, 2013, pp 63-99 from Springer

Abstract: Abstract This chapter revisits modelling of warranty/maintenance costs under the assumption that both, the warranty repairs and the maintenance actions, require non-negligible completion time. We provide an intuition on this topic by summarising our previous results, as well as the published work of other authors. We closely examine a case study that provides an excellent motivation for extending the research in this area. Also, again assuming non-negligible repair and maintenance times, we propose a simulation model for the expected warranty costs that integrates the concepts of reliability improvement and warranty. We conclude with a discussion on new directions for future research.

Keywords: Alternating renewal process; Geometric process; Imperfect repair; Non-renewing/renewing free replacement warranty policy; Periodic maintenance (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ssrchp:978-1-4471-4971-2_4

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DOI: 10.1007/978-1-4471-4971-2_4

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