Reliability, pricing and quality control
type: Item
instance of: scholarly article
title: Reliability, pricing and quality control
zbMATH Open document ID: 0614.90014
DOI: 10.1016/0377-2217(87)90134-2
author: Charles S. Tapiero
author: Peter Ritchken
author: Arnold Reisman
published in: European Journal of Operational Research
publication date: 1987-01-01T00:00:00Z
review text: The purpose of this paper is to construct a theoretical framework which allows a manufacturer to examine the tradeoffs between pricing, reliability, design and quality control issues. In particular, the paper investigates effects of risk aversion on the relative prominence of one or the other policy instruments. In addition, the results of extensive numerical analyses are presented relating basic managerial guidelines with price, reliability and quality control.
Mathematics Subject Classification ID: 91B24
zbMATH DE Number: 3995392
zbMATH Keywords: risk aversion
MaRDI profile type: Publication
full work available at URL: 0377-2217(87)90134-2
OpenAlex ID: W2067043553
cites work: Economic Selection of Quality of Manufactured Product
cites work: Quality control and the sales process
cites work: Warranty design under buyer and seller risk aversion
cites work: Consumer Misperceptions, Product Failure and Producer Liability
cites work: Quality control and product servicing: A decision framework
cites work: Prices as Signals of Product Quality
description: scientific article; zbMATH DE number 3995392