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Details for article 5 of 8 found articles
| Title: |
Optimal price and pro rata decisions for combined warranty policies with different repair options |
| Author: |
Matis, Timothy I. Jayaraman, Raja Rangan, Alagar |
| Appeared in: |
IIE transactions |
| Paging: | Volume 40 (2008) nr. 10 pages 984-991 |
| Year: |
2008-10 |
| Contents: |
A repairable product under a non-renewing combined warranty policy that is subject to a displaced log-linear demand function of the product's price and pro rata period length is considered. Expressions for the manufacturer's long-run average profit per unit time under replacement, minimal and general repair options are obtained. In addition, expressions for the stationary points and second-order conditions of the profit function are presented. Numerical illustrations that demonstrate optimal product pricing, pro rata length determination, and repair option selection to maximize the manufacturers, profit are given. |
| Publisher: |
Taylor & Francis |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 5 of 8 found articles
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