Abstract
To the manufacturers, the warranty period is an important decision to make as it involves warranty costs. Although it can be decided by considering marketing strategy in general consumer product industry, it is relatively difficult to decide an adequate period of warranty for a G2B transaction. In this study, we have analyzed the life (failure–time) distribution for each item traded in G2B transactions. Also, their warranty costs based on warranty terms were calculated by applying the Warranty-Cost models. Finally, an optimal warranty period was determined for each item by applying a sale–A/S expenditure limit ratio. As a result, the necessity of setting different warranty policies and periods has been confirmed and established a basis for providing a reasonable warranty terms in the future for similar products.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Shafiee, M., Chukova, S.: Maintenance models in warranty: a literature review. Eur. J. Oper. Res. 229, 561–572 (2013)
Jung, K.M.: Cost analysis of RRNRW from the manufacturer’s side. J. Appl. Reliab. 12(4), 255–263 (2012)
Yoon, W.H., Yoo, S.H.: Warranty Policy with replacement and repair period. J. Korean Oper. Res. Manag. Sci. Soc. 20(1), 55–62 (1995)
Chien, Y.: Optimal age-replacement policy under an imperfect renewing free- replacement warranty. IEEE Trans. Reliab. 57(1), 125–133 (2008)
Department of Defense Warranty Guide, Version 1.0, September 2009
Mohan, K., Huffman, D., Akers, J.: Optimization of warranty period, price, and allocated reliability. In: Annual Reliability and Maintainability Symposium, February 2009
Murthy, D.N.P., Djamaludin, I.: New product warranty: a literature review. Int. J. Production Econ. 79, 231–260 (2002)
Olwell, D.H., Sorell, A.A.: Warranty calculations for missiles with only current-status data, using bayesian methods. In: Annual Reliability and Maintainability Symposium, pp. 133–138 (2001)
R-2264-AF, Reliability Improvement Warranties for Military Procurement, Rand, December 1977
Huh, M.K., Huh, H.W.: Genetic diversity and population structure of wild lentil tare. Crop Sci. Soc. Am. 41(6), 1940–1946 (2001)
Huh, J.-H., Seo, K.: A preliminary analysis model of Big Data for prevention of bioaccumulation of heavy metal-based pollutants: focusing on the atmospheric data analyses for smart farm. Contempor. Eng. Sci. HIKARI Ltd 9(30), 1447–1462 (2016)
Bu, Y., Seo, K., Huh, J.-H.: A study of enhancement of ranging performance of beacons through improvement of the smart phone’s gyroscope: focusing on the Bluetooth low energy. In: Proceedings of the 11th International Conference on Ubiquitous Information Management and Communication, vol. 90, pp. 1–6. ACM (2017)
Huh, J.-H.: Smart Grid Test Bed Using OPNET and Power Line Communication, pp. 66–120. IGI Global, USA (2017)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2018 Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Ha, Js., Kim, Km. (2018). A Study on Optimal Warranty Period for Repairable Weapon Systems. In: Park, J., Loia, V., Yi, G., Sung, Y. (eds) Advances in Computer Science and Ubiquitous Computing. CUTE CSA 2017 2017. Lecture Notes in Electrical Engineering, vol 474. Springer, Singapore. https://doi.org/10.1007/978-981-10-7605-3_150
Download citation
DOI: https://doi.org/10.1007/978-981-10-7605-3_150
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-10-7604-6
Online ISBN: 978-981-10-7605-3
eBook Packages: EngineeringEngineering (R0)