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Warranty analysis for k0-renewing replacement warranty
Journal of the Korean Data & Information Science Society 2018;29:1585-94
Published online November 30, 2018
© 2018 Korean Data and Information Science Society.

Ki Mun Jung1

1Division of Mathematics and Applied Statistics, Kyungsung University
Correspondence to: Professor, Division of Mathematics and Applied Statistics, Kyungsung University, Busan 48434, Korea. E-mail: kmjung@ks.ac.kr
This research was supported by Kyungsung University Research Grants in 2017.
Received September 13, 2018; Revised October 19, 2018; Accepted October 22, 2018.
This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
In this paper, we suggest the k0-renewing replacement warranty (k0-RRW) of a repairable system. Under k0-RRW, the failure of the system up to k0 times is replaced by a new system by the manufacturer and the warranty period will be renewed again. This paper considers the warranty analysis from the manufacturer’s point of view for k0-RRW of a repairable system. To do so, we obtain the expected total warranty cost and the expected total warranty length which are very important information for the manufacturer. The numerical examples are presented for illustrative purpose.
Keywords : k0-renewing replacement warranty, minimal repair warranty, renewing replacement warranty, warranty cost, warranty length.