Opening book details…
Can I read An Extended Warranty Policy with Options Open to Consumers on EtoBox?
An Extended Warranty Policy with Options Open to Consumers by Yeh Lam; Peggo Kwok Wai Lam is a Engineering article available to read on EtoBox.
What is An Extended Warranty Policy with Options Open to Consumers about?
An extended warranty model that includes a free repair period and an extended warranty period will be discussed. Consumers have choices to renew or not to renew at the end of free repair period. Dierent choices will have dierent cost implications for consumers and manufacturers. The exact expressions of the total expected discounted cost, and the long-run average cost per unit time for a consumer and the manufacturer are derived. Then the optimal policies for the consumers are obtained. Under the assumption that a consumer has applied his/her optimal policy, an optimal policy or an e-optimal policy for the manufacturer is then determined analytically.
Who reads An Extended Warranty Policy with Options Open to Consumers?
It is typically read by researchers, students, and practitioners in Engineering.
- Author
- Yeh Lam; Peggo Kwok Wai Lam
- Publisher
- Elsevier Science; Elsevier ; Elsevier BV (ISSN 0377-2217)
- Published
- 2001
- Language
- EN
- Field
- Engineering (Physical Sciences)