Designing and pricing menus of extended warranty contracts

DOI10.1002/nav.20333zbMath1158.90417OpenAlexW2007087556MaRDI QIDQ3621929

Joseph C. Hartman, Kamonkan Laksana

Publication date: 22 April 2009

Published in: Naval Research Logistics (NRL) (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1002/nav.20333

zbMATH Keywords

dynamic programmingequipment replacementproduct warranty

Mathematics Subject Classification ID

Dynamic programming (90C39)

Related Items (14)

Three-level warranty service contract among manufacturer, agent and customer: a game-theoretical approach ⋮ Optimal extended warranty strategy: uniform or nonuniform pricing? ⋮ Design and pricing of extended warranty menus based on the multinomial logit choice model ⋮ Vertical value-added cost information sharing in a supply chain ⋮ Manufacturer warranty service outsourcing strategies in a dual‐channel supply chain ⋮ Optimal extended warranty strategy: offering trade-in service or not? ⋮ Who is better off by selling extended warranties in the supply chain: the manufacturer, the retailer, or both? ⋮ Pricing and Design of After-Sales Service Contract: The Value of Mining Asymmetric Sales Cost Information ⋮ Design of differentiated warranty coverage that considers usage rate and service option of consumers under 2D warranty policy ⋮ A hybrid approach for joint optimization of base and extended warranty decisions considering out-of-warranty products ⋮ Optimal design of uptime-guarantee contracts under IGFR valuations and convex costs ⋮ A customized two-dimensional extended warranty with preventive maintenance ⋮ Reliability-based opportunistic maintenance modeling for multi-component systems with economic dependence under base warranty ⋮ Optimal pricing strategies in a product and service supply chain with extended warranty service competition considering retailer fairness concern

Cites Work

• Unnamed Item
• Pricing general insurance with constraints
• Determining the optimal warranty price based on the producer's and customers' risk preferences
• Optimal insurance with divergent beliefs about insurer total default risk
• Optimal decision making in a maintenance service operation
• Optimal insurance without expected utility: The dual theory and the linearity of insurance contracts
• Optimal coverage for incompletely reliable insurance
• Warranty design under buyer and seller risk aversion
• Monopoly, Non-Linear Pricing and Imperfect Information: The Insurance Market
• Risk aversion in maintenance: overmaintenance and the principal-agent problem

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