๐”– Bobbio Scriptorium
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Warranty and optimal reliability improvement through product development

โœ Scribed by A.Z.M.O. Hussain; D.N.P. Murthy

Book ID
104351330
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
535 KB
Volume
38
Category
Article
ISSN
0895-7177

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โœฆ Synopsis

For products sold with warranty, the warranty servicing cost can be reduced by improving product reliability through a development process. However, this increases the unit manufacturing cost. Optimal development must achieve a trade-off between these two costs. The outcome of the development process is uncertain and needs to be taken into account in the determination of the optimal development effort. The paper develops a model where this uncertainty is taken into account.

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