Optimal burn-in time and warranty length under fully renewing combination free replacement and pro-rata warranty

Chin-Chun Wu, Chao-Yu Chou and Chikong Huang

Reliability Engineering and System Safety, 2007, vol. 92, issue 7, 914-920

Abstract: Warranty is an important factor of marketing products; however, warranty always involves additional costs to the seller and these costs usually depend on product reliability. Burn-in is considered as a part of the production process in which the manufactured products are operated under accelerated stresses for a short time period before their release and has been applied as a way for enhancing product reliability. In the present paper, a cost model is developed to determine the optimal burn-in time and warranty length for non-repairable products under the fully renewing combination free replacement and pro-rata warranty (FRW/PRW) policy. Denoting w as the warranty length of the product, under the FRW/PRW policy, the seller agrees to replace the product that fails prior to the time point w′, where w′Keywords: Burn-in; Warranty; Cost; Failure time (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:92:y:2007:i:7:p:914-920

DOI: 10.1016/j.ress.2006.05.017

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