A new preventive maintenance strategy for items sold under warranty |
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| Authors: | Jack, N. Murthy, D. N. P. |
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| Affiliation: | 1 University of Abertay, Dundee, Scotland 2 University of Queensland, Brisbane, Australia and Norwegian University of Science Technology, Trondheim, Norway |
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| Abstract: | When products are sold under warranty, the manufacturer incursadditional costs for warranty servicing. Preventive maintenanceactions can be used to reduce this cost and these are worthwhileonly if the extra cost incurred is less than the reduction achieved.In this paper we propose a new preventive maintenance policywhere the parameters are selected optimally to minimize thetotal warranty servicing cost. |
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| Keywords: | warranty corrective maintenance preventive maintenance servicing cost |
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