Development of a new Pro-rata warranty policy for estimating costs

In today’s fiercely competitive products market, product warranty has started playing an important role. Currently, a large number of products are being sold with warranty policies in the form of free replacement warranty, pro-rata warranty, and combined warranty policies. Pro-rata warranties are re...

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Main Authors: Mahdi Nasrollahi, Ezzatollah Asgharizadeh, Ahmad Jafarnezhad, Mohammad Ali Saniee Monfared
Format: Article
Language:fas
Published: University of Tehran 2014-03-01
Series:مدیریت صنعتی
Subjects:
Online Access:https://imj.ut.ac.ir/article_52239_26bbc6e613243e87ee10a54845a9fee2.pdf
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author Mahdi Nasrollahi
Ezzatollah Asgharizadeh
Ahmad Jafarnezhad
Mohammad Ali Saniee Monfared
author_facet Mahdi Nasrollahi
Ezzatollah Asgharizadeh
Ahmad Jafarnezhad
Mohammad Ali Saniee Monfared
author_sort Mahdi Nasrollahi
collection DOAJ
description In today’s fiercely competitive products market, product warranty has started playing an important role. Currently, a large number of products are being sold with warranty policies in the form of free replacement warranty, pro-rata warranty, and combined warranty policies. Pro-rata warranties are relatively a complex concept. The modeling of failures during the warranty period and the costs for such policies are complex since the rectification costs are random variables and inflation and deflation rates affect on these costs. This paper focuses on developing a new Pro-rata warranty policy and models for predicting failures and estimating costs for this policy.
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spelling doaj.art-5f438c34b9234fb39ac58a0d63e909942022-12-22T02:43:56ZfasUniversity of Tehranمدیریت صنعتی2008-58852423-53692014-03-016113715010.22059/imj.2014.5223952239Development of a new Pro-rata warranty policy for estimating costsMahdi Nasrollahi0Ezzatollah Asgharizadeh1Ahmad Jafarnezhad2Mohammad Ali Saniee Monfared3دانشجوی دکتری مدیریت تحقیق در عملیات، دانشگاه تهران، تهران، ایراندانشیار دانشکدۀ مدیریت دانشگاه تهران تهران، ایراناستاد دانشکدۀ مدیریت دانشگاه تهران تهران، ایراندانشیار دانشگاه الزهرا، تهران، ایرانIn today’s fiercely competitive products market, product warranty has started playing an important role. Currently, a large number of products are being sold with warranty policies in the form of free replacement warranty, pro-rata warranty, and combined warranty policies. Pro-rata warranties are relatively a complex concept. The modeling of failures during the warranty period and the costs for such policies are complex since the rectification costs are random variables and inflation and deflation rates affect on these costs. This paper focuses on developing a new Pro-rata warranty policy and models for predicting failures and estimating costs for this policy.https://imj.ut.ac.ir/article_52239_26bbc6e613243e87ee10a54845a9fee2.pdfWarrantyWarranty policiesPro-Rata WarrantyWarranty costInflation
spellingShingle Mahdi Nasrollahi
Ezzatollah Asgharizadeh
Ahmad Jafarnezhad
Mohammad Ali Saniee Monfared
Development of a new Pro-rata warranty policy for estimating costs
مدیریت صنعتی
Warranty
Warranty policies
Pro-Rata Warranty
Warranty cost
Inflation
title Development of a new Pro-rata warranty policy for estimating costs
title_full Development of a new Pro-rata warranty policy for estimating costs
title_fullStr Development of a new Pro-rata warranty policy for estimating costs
title_full_unstemmed Development of a new Pro-rata warranty policy for estimating costs
title_short Development of a new Pro-rata warranty policy for estimating costs
title_sort development of a new pro rata warranty policy for estimating costs
topic Warranty
Warranty policies
Pro-Rata Warranty
Warranty cost
Inflation
url https://imj.ut.ac.ir/article_52239_26bbc6e613243e87ee10a54845a9fee2.pdf
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