| Optimal Warranty Length for a Rayleigh Distributed Product With Progressive Censoring | |
|---|---|
| 學年 | 99 |
| 學期 | 1 |
| 出版（發表）日期 | 2010-12-01 |
| 作品名稱 | Optimal Warranty Length for a Rayleigh Distributed Product With Progressive Censoring |
| 作品名稱（其他語言） | |
| 著者 | Wu, Shuo-Jye; Huang, Syuan-Rong |
| 單位 | 淡江大學統計學系 |
| 出版者 | Piscataway: Institute of Electrical and Electronics Engineers |
| 著錄名稱、卷期、頁數 | IEEE Transactions on Reliability 59(4), pp.661-666 |
| 摘要 | In an intensely competitive market, one way by which manufacturers attract consumers to their products is by providing warranties on the products. Consumers are willing to purchase a high-priced product only if they can be assured about the product's reliability. A longer warranty period usually indicates better reliability. However, offering an unlimited warranty is unrealistic because maintaining such a policy needs very high cost. In this article, we investigate a decision problem under the warranty which is a combination of free-replacement, and pro-rata policies. We use a Bayesian approach to determine the optimal warranty lengths. The Rayleigh distribution is employed to describe the product lifetime. An example with real data is presented for illustration. |
| 關鍵字 | Bayesian analysis; dissatisfaction cost; economic benefit; posterior predictive distribution; warranty cost |
| 語言 | en |
| ISSN | 0018-9529 |
| 期刊性質 | 國外 |
| 收錄於 | SCI |
| 產學合作 | |
| 通訊作者 | Wu, Shuo-Jye |
| 審稿制度 | 是 |
| 國別 | USA |
| 公開徵稿 | |
| 出版型式 | 紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/69225 ) |
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