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- W2071504661 abstract "Warranty is an important factor for consumer durable products in the marketplace. However, the warranty cost may drastically reduce profitability. Burn in is a common procedure to improve the quality of products after they have been produced, but it is also costly. By taking both the burn-in procedure and warranty policy into consideration, several cost functions can be formulated and optimized. Assuming that the failure-rate function of the product has a bathtub shape, it is shown that the optimal burn-in times that minimize the considered cost functions never exceed the first change point of the failure-rate function. The continuous dependence of the optimal burn-in times on the model parameters and the underlying distribution is also established. © 1997 John Wiley & Sons, Inc. Naval Research Logistics 44: 199–209, 1997" @default.
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- W2071504661 date "1997-03-01" @default.
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- W2071504661 title "Warranty policies and burn-in" @default.
- W2071504661 doi "https://doi.org/10.1002/(sici)1520-6750(199703)44:2<199::aid-nav4>3.0.co;2-4" @default.
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