Optimal Warranty Length and Selling Price to Maximize the Profit
This study focuses on the problem of determining the optimal coverage period and selling price of warranted products from the manufacturer’s perspective. We first consider how to maximize the profit per unit under the assumption that the product can be sold or the demand is independent of the warran...
Main Authors: | Yu-Hung Chien, Chung-Piao Chiang |
---|---|
Format: | Article |
Language: | English |
Published: |
Taiwan Association of Engineering and Technology Innovation
2017-01-01
|
Series: | Advances in Technology Innovation |
Subjects: | |
Online Access: | http://ojs.imeti.org/index.php/AITI/article/view/205 |
Similar Items
-
JOINT DETERMINATION OF PRICE, WAR RANTY LENGTH AND PRODUCTION QUANTITY FOR NEW PRODUCTS UNDER FREE RENEWAL WARRANTY POLICY
by: K. Jeyakumar, et al.
Published: (2010-03-01) -
Warranty Cost Modeling and Warranty Length Optimization Under Two Types of Failure and Combination Free Replacement and Pro-Rata Warranty
by: Zhiwei Chen, et al.
Published: (2017-01-01) -
Dynamic pricing strategies for new products with extended warranty contracts
by: Zhang, Shengqiu, et al.
Published: (2015) -
Optimal Overhaul-Replacement Policies for Repairable Machine Sold with Warranty
by: Kusmaningrum Soemadi, et al.
Published: (2014-12-01) -
Pro-Rata Warranty pricing model with risk-averse manufacturers Mahdi Nasrollahi
by: Mahdi Nasrollahi
Published: (2017-07-01)