• Title/Summary/Keyword: Warranty System

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Replacement model under warranty with age-dependent minimal repair

  • Park, Minjae
    • International Journal of Reliability and Applications
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    • v.18 no.1
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    • pp.9-20
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    • 2017
  • In this paper, we consider a renewable repair-replacement warranty strategy with age-dependent minimal repair service and propose an optimal maintenance model during post-warranty period. Such model implements the repair time limit under warranty and follows with a certain form of system maintenance strategy when the warranty expires. The expected cost rate is investigated per unit time during the life period of the system as for the standard for optimality. Based on the cost design defined for each failure of the system, the expected cost rate is derived during the life period of the system, considering that a renewable minimal repair-replacement warranty strategy with the repair time limit is provided to the customer under warranty. When the warranty is finished, the maintenance of the system is the customer's responsibility. The life period of the system is defined and the expected cost rate is developed from the viewpoint of the customer's perspective. We obtain the optimal maintenance strategy during the maintenance period by minimizing such a cost rate after a warranty expires. Numerical examples using field data are shown to exemplify the application of the methodologies proposed in this paper.

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Extended warranty model under minimal repair-replacement warranty policy

  • Jung, Ki Mun
    • International Journal of Reliability and Applications
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    • v.18 no.1
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    • pp.1-8
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    • 2017
  • In this paper, we study an extended warranty model under minimal repair-replacement warranty (MRRW) which is suggested by Park, Jung and Park (2013). Under MRRW policy, the manufacturer is responsible for providing the minimal repair-replacement services upon the system failures during the warranty period. And if the failure occurs during the extended warranty period, only the minimal repair is conducted. Following the expiration of extended warranty, the user is solely responsible for maintaining the system for a fixed length of time period and replaces the system at the end of such a maintenance period. During the maintenance period, only the minimally repair is given for each system failure. The main purpose of this article is to suggest the extended warranty and replacement model with MRRW. Given the cost structures incurred during the life cycle of the system, we formulate the expected cost and the expected length of life cycle to obtain the expected cost rate.

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A STUDY ON THE INTRODUCTION OF PERFORMANCE WARRANTY SYSTEM FOR PAVEMENTS INTO KOREA

  • Tae-Song Kim;Yong-Chil Seo;Sang-Beom Lee;Kyong-Ju Kim;Jai-Dong Koo
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1446-1452
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    • 2009
  • This study is designed to examine the current status of the performance warranty systems for asphalt pavements implemented in Europe, USA, and Japan, and to review the feasibility and possibility of introducing this system into the Korean environment. For such objectives, the concept and necessity of performance warranty and the status of Korean contracting systems and overseas performance warranty systems were evaluated. In particular, the bidding systems, performance guarantee systems, and maintenance work inclusion status in the projects and warranty specifications of Europe, USA and Japan were comparatively evaluated. And methods of introducing the performance warranty system by utilizing defects liability system and design-build contracts of Korea were suggested.

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Optimal replacement policy after extended warranty for a system with minimal repair warranty (최소수리 보증을 갖는 시스템에 대한 연장된 보증 이후의 최적의 교체정책)

  • Jung, Ki Mun
    • Journal of Applied Reliability
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    • v.13 no.2
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    • pp.77-86
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    • 2013
  • Recently, an extended warranty of a system following the expiration of the basic warranty is becoming increasingly popular to the user. In this respect, we suggest a replacement model following the expiration of extended warranty with minimal repair warranty from the user's point of view in this paper. Under extended warranty, the failed system is minimally repaired by the manufacturer at no cost to the user during the original extended warranty period. As a criterion of the optimality, we utilize the expected cost rate per unit time during the life cycle from the user's perspective and suggest the optimal replacement period after extended warranty. Finally, a few numerical examples are given for illustrative purpose.

Directions to Introduce Warranty Contraction for Pavements in Korea (도로포장 성능보증(Warranty)계약제도 도입방향)

  • Kim, Tae-Song;Koo, Jai-Dongl
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.987-990
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    • 2007
  • Warranty contracting is contracting methods that European Countries have applied to asphalt pavement projects from long ago, and in America as the expected effects of the warranty contracting are being verified to introduce it, the number of projects with warranty is being increased rapidly. In Japan, the warranty contracting suitable for Japanese style was established and is being applied. This study investigated and analyzed the present state of the warranty contracting being applied to European countries, America and Japan, and suggested advantages and disadvantages in introducing the warranty contracting into Korea and directions to introduce it. The principal result of this study is that performance bond contract system, performance surety bond system and performance bidding system should be established to introduce the warranty contracting into Korea.

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Preventive Maintenance Policy Following the Expiration of Extended Warranty Under Replacement-Repair Warranty (교체-수리보증 하에서 연장된 보증이 종료된 이후의 예방보전정책)

  • Jung, Ki Mun
    • Journal of Applied Reliability
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    • v.14 no.2
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    • pp.122-128
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    • 2014
  • In this paper, we consider the periodic preventive maintenance model for a repairable system following the expiration of extended warranty under replacement-repair warranty. Under the replacement-repair warranty, the failed system is replaced or minimally repaired by the manufacturer at no cost to the user. Also, under extended warranty, the failed system is minimally repaired by the manufacturer at no cost to the user during the original extended warranty period. As a criterion of the optimality, we utilize the expected cost rate per unit time during the life cycle from the user's perspective. And then we determine the optimal preventive maintenance period and the optimal preventive maintenance number by minimizing the expected cost rate per unit time. Finally, the optimal periodic preventive maintenance policy is given for Weibull distribution case.

Analysis of Domestic and Overseas Environment to Introduce Performance Warranty Contracting for Pavements into Korea (도로포장 성능보증계약제도 도입을 위한 국내외 적용환경 분석)

  • Kim, Tea-Song;Seo, Yong-Chil;Lee, Sang-Beom;Koo, Jai-Dong;Kim, Kyong-Ju
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.216-221
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    • 2008
  • This study has been carried out in order to observe the status of performance warranty contracting system currently being implemented at the advanced countries including Europe, U.S.A., and Japan, review the introduction feasibility and possibility. For this purposes this study has surveyed the concept and necessity of performance warranty contracting system as well as the status of domestic performance warranty contracting system. Especially the application environment for the performance warranty contracting system of Europe, U.S.A., Japan and Korea in terms of maintenance guarantee liability system, performance warranty regulations for design-build contracting system, selection method of successful bidder, performance warranty means, project contracting system including maintenance cost, and specifications and contract conditions for performance warranty system have been comparatively evaluated. And introduction methods of performance warranty contracting system were suggested.

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Optimal Preventive Maintenance Policy for a Repairable System

  • Jung, Ki-Mun
    • Journal of the Korean Data and Information Science Society
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    • v.17 no.2
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    • pp.367-377
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    • 2006
  • This paper develops a periodic preventive maintenance(PM) policy following the expiration of warranty. Two types of warranty are considered: renewing warranty and non-renewing warranty. Also, we consider the situation where each PM cost is an increasing function of the PM effect. We determine the optimal number of PM's before replacing the system by a new one and the optimal length of period for the periodic PM following the expiration of warranty. Explicit solutions to determine the optimal periodic PM are presented for the Weibull distribution case.

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Cost Analysis of Manufacturer Under the Free Replacement, Pro-rata, Hybrid and Stepdown Warranty Policy (단계별 사후보증제도와 무료, 비율, 혼합형 보증제도에서 제조업자 입장의 비용분석)

  • 김원중;김재중
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.12 no.20
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    • pp.39-45
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    • 1989
  • This article is concerned with cost analysis in product warranty policy. The warranty cost can be different according to warranty rate and warranty renewal policy. In this paper the stepdown warranty is used. The warranty renewal policy is considered when the warranty is received upon free replacement period as item failing. Assuming the non repairable item as one item is sold, investigated manufacturer's cost in stepdown warranty policy. Also manufacturer's cost is calculated in the free replacement. pro-rata. hybrid policy. Numerical example is given over Weibull time to failure distribution, comparing stepdown warranty policy with free replacement, pro-rata, hybrid one in the manufacturer's point of view. The sensitivity analysis of warranty cost according to the number of warranty period step is included.

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Estimation of Warranty Cost (품질하자보증비의 추정)

  • 최정호;이상용
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.43
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    • pp.357-364
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    • 1997
  • After the buyer purchases the product, the seller's role does not end. If the product fails to function properly before the end of the warranty period, the seller is responsible for its repair or replacement under the seller's warranty policy. There are two common types of warranty policies: the free replacement warranty and the rebate warranty. Under the free replacement warranty policy, replacement or repairs during the warranty period are provided by the seller free of charge to the buyer. Under the rebate warranty policy, a failed item is replaced by a new one or is repaired at a cost to the age of the failed item. The rebate warranty is most often used for items such as a battery or an automobile tire which wear out and must be replaced at failure. This paper proposes a easy way of estimating the warranty cost under the free replacement warranty policy assuming an exponential product failure function on repairable products.

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