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dc.contributor.convenorIEEE Industrial Engineering and Engineering Managementen_AU
dc.contributor.authorRahman, Anisuren_US
dc.contributor.authorChattopadhyay, G.en_US
dc.contributor.editorMartin Helander, Min Xie, Roger Jiao, and Kay Chuan Tanen_US
dc.date.accessioned2017-05-03T15:25:41Z
dc.date.available2017-05-03T15:25:41Z
dc.date.issued2007en_US
dc.date.modified2008-07-11T05:00:00Z
dc.identifier.refuriwww.ieeeieem.orgen_AU
dc.identifier.doi10.1109/IEEM.2007.4419294en_AU
dc.identifier.urihttp://hdl.handle.net/10072/17271
dc.description.abstractLifetime warranties is becoming popular as they provide assurance to buyer for longer reliable service and greater customer peace of mind for the whole life of the product. By offering a lifetime warranty, both the manufacturer and the buyer are exposed to uncertainties and risks of warranty pricing and product performance during the lifetime of the product. This paper analyses the sensitivity of risk preferences models developed by Chattopadhyay and Rahman [1] in finding the optimal warranty price through the use of the manufacturer's utility function for manufacturer's profit and the buyer's utility function for repair cost. The sensitivity of the warranty price is analysed with numerical example with respect to the factors such as the buyer's and the manufacturer/dealer's risk preferences, buyer's anticipated and manufacturer's estimated product failure intensity, the buyer's loyalty to the original manufacturer/dealer in repairing failed product and the buyer's repair costs for unwarranted products.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.format.extent444811 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherIEEEen_US
dc.publisher.placeSingaporeen_US
dc.publisher.urihttp://www.ieee.org/portal/siteen_AU
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofconferencenameInternational Conference on Industrial Engineering and Engineering Management (IEEM 2007)en_US
dc.relation.ispartofconferencetitleProceedings of the 2007 IEEE International Conference on Industrial Engineering and Engineering Managementen_US
dc.relation.ispartofdatefrom2007-12-02en_US
dc.relation.ispartofdateto2007-12-05en_US
dc.relation.ispartoflocationSingaporeen_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchcode290502en_US
dc.titleSensitivity of Manufacturer and Buyer’s Risks for Lifetime Warranty Policiesen_US
dc.typeConference outputen_US
dc.type.descriptionE1 - Conference Publications (HERDC)en_US
dc.type.codeE - Conference Publicationsen_US
gro.facultyGriffith Sciences, Griffith School of Engineeringen_US
gro.rights.copyrightCopyright 2007 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.en_AU
gro.date.issued2007
gro.hasfulltextFull Text


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    Contains papers delivered by Griffith authors at national and international conferences.

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