A Prediction Model for Manufacturer Warranty Reserves

A model for predicting warranty reserves for manufactured units having exponential failures is extended for more general failure distributions. The model allows for discounting. Sample calculations are provided.

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Bibliographische Detailangaben
Veröffentlicht in:	Management science 1989-12, Vol.35 (12), p.1515-1519
1. Verfasser:	Thomas, Marlin U.
Format:	Artikel
Sprache:	eng
Schlagworte:	Applied sciences Capital costs Decision theory. Utility theory Exact sciences and technology Manufacturing industries Marketing management Mathematical models Modeling Operational research and scientific management Operational research. Management science Price level changes Pro rata Product costing Product recalls Product reliability Production costs Sales rebates Statistical analysis Theory Uniforms Unit costs Warranties
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Beschreibung
Zusammenfassung:	A model for predicting warranty reserves for manufactured units having exponential failures is extended for more general failure distributions. The model allows for discounting. Sample calculations are provided.
ISSN:	0025-1909 1526-5501
DOI:	10.1287/mnsc.35.12.1515