Accounting for Warranty Costs
โ Scribed by W. R. Heck
- Book ID
- 124931958
- Publisher
- American Accounting Association
- Year
- 1963
- Tongue
- English
- Weight
- 392 KB
- Volume
- 38
- Category
- Article
- ISSN
- 0001-4826
- DOI
- 10.2307/243382
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
For second-hand products sold with warranty, the expected warranty cost for an item to the manufacturer, depends on (i) the age and/or usage as well as the maintenance history for the item and (ii) the terms of the warranty policy. The paper develops probabilistic models to compute the expected warr
Most consumer durable products are used intermittently and the usage is best modelled as a point process in time. Also, the failure of an item is a function of the number of times the item has been used rather than its age. As a result, the item failure is better characterized through a discrete dis