Optimising Age-Replacement and Extended Non-Renewing Warranty Policies in Lifecycle Costing

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Wu, Shaomin; Longhurst, Phil;
(2011)

This paper analyses the life cycle cost of equipment protected by both base and extended warranty policies from a consumer's perspective. We assume that the equipment has two types of failure: minor and catastrophic. A minor failure can be corrected with minimal repair ... View more
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