Stochastic modeling for computational warranty analysis Academic Article

abstract

• We examine two key stochastic processes of interest for warranty modeling: (1) remaining total warranty coverage v time exposure and (2) warranty load (total items under warranty at time t). Integral equations suitable for numerical computation are developed to yield probability law for these warranty measures. These two warranty measures permit warranty managers to better understand time-dependent warranty behavior, and thus better manage warranty cash reserves. 2005 Wiley Periodicals, Inc.

authors

• Wortman, Martin

published proceedings

• NAVAL RESEARCH LOGISTICS

author list (cited authors)

• Wortman, M. A., & Elkins, D. A.

citation count

• 2

complete list of authors

• Wortman, MA||Elkins, DA

publication date

• April 2005

publisher

• Wiley  Publisher

published in

• Naval Research Logistics  Journal

keywords

• Transient Phase Warranty Analysis
• Warranty Reserve Management

Digital Object Identifier (DOI)

• 10.1002/nav.20062

start page

• 224

end page

• 231

volume

• 52

issue

• 3

URL

• http://dx.doi.org/10.1002/nav.20062