Date of Award
Master of Science
Wilkistar A. Otieno
Wilkistar A. Otieno, Xiaohang Yue, Hamid Seifoddini
Optimization, Remanufactuirng, Renewal Function, Warranty Period
This study considers a remanufactured electrical product under a tiered warranty policy. Warranty is key in ensuring a good manufacturer—consumer relationship. Manufacturers hope to minimize warranty costs while consumers believe that good warranty promises better product quality and reliability. This Thesis presents an optimal warranty period from the perspective of a manufacturer to maximize the total expected profits, while ensuring sustained consumer relation. We use real data from a local company with a global supply chain to provide a numerical example.
Liu, Yuxi, "Warranty Period and Product Price Optimization for Remanufactured Products" (2015). Theses and Dissertations. 1063.