Mitra, Amitava; Patankar, Jayprakash G. - In: Applications of management science: in Productivity, …, (pp. 235-251). 2006
A warranty policy involving two attributes, for example time and usage, is considered. Usage is assumed to be related to time through the usage rate, which is considered to be a random variable satisfying a specified probability distribution. The paper analyzes a policy where warranty is not...