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Proceedings of the Eighth International Conference on Probabilistic Safety Assessment & Management (PSAM)

Editor
Michael G. Stamatelatos
Michael G. Stamatelatos
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Harold S. Blackman
Harold S. Blackman
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ISBN-10:
0791802442
No. of Pages:
2576
Publisher:
ASME Press
Publication date:
2006

The article deals with current problems of two-dimensional warranty, prediction of related warranty costs and estimation of an instant of warranty period expiration.

During selling consumer products, warranties play an important role, because recently they became a significant tool of competition fight and also because providing warranties has significant economic impacts for the supplier. Providing of warranty is always accompanied with additional costs, called warranty costs. Any decision connected with establishing a scope of provided warranties should be supported with an appropriate economic analysis, the basis of which is a prediction of warranty costs.

Currently, the so called two-dimensional warranties...

Summary/Abstract
1. Introduction
2. Nomenclature
3. Two-Dimensional Warranties and Warranty Costs
4. Warranty Cost Prediction Procedure
5. Estimate of an Instant of Warranty Period Expiration
6. Application in Warranties Planning
7. Conclusions
References
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