Extended Warranties, Maintenance Service and Lease Contracts: Modeling and Analysis for Decision-Making

Extended Warranties, Maintenance Service and Lease Contracts: Modeling and Analysis for Decision-Making

Description

Serving to unify the existing literature on extended warranties, maintenance service contracts and lease contracts, this book also presents a unique perspective on the topic focussed on cost analysis and decision-making from the perspectives of the parties involved.

Using a game theoretic approach together with mathematical modelling, results are presented in an integrated manner with key topics that require further research highlighted in order to serve as a starting point for researchers (engineers and statisticians) who are interested in doing further work in these areas.

Designed to assist practitioners (managers, engineers, applied statisticians) who are involved with extended warranties, maintenance service contracts and lease contracts, the book provides them with the models and techniques needed for proper cost analysis and effective decision-making,

The book is also suitable for use as a reference text in industrial engineering, applied statistics, operations research and management.

Table of contents

Front Matter....Pages i-xviii
Introduction....Pages 1-19
Front Matter....Pages 21-21
System Degradation and Maintenance....Pages 23-46
Modelling and Analysis of Degradation and Maintenance....Pages 47-76
Introduction to Stochastic Optimisation and Game Theory....Pages 77-87
Front Matter....Pages 89-89
EWs/MSCs: An Overview....Pages 91-125
EW/MSC Processes....Pages 127-150
EW and MSC Cost Analysis....Pages 151-179
Game-Theoretic Models for EW/MSC Decision-Making....Pages 181-235
Front Matter....Pages 237-237
Leasing and Maintenance of Leased Assets....Pages 239-264
Models for Lease and Maintenance Decisions....Pages 265-308
Front Matter....Pages 309-309
Management of EWs/MSCs and LCs....Pages 311-338
Epilogue....Pages 339-344
Back Matter....Pages 345-399

Details

  • Author: D.N.Prabhakar Murthy, Nat Jack (auth.)
  • Edition: 1
  • Publication Date: 2014
  • Publisher: Springer-Verlag London
  • ISBN-13: 9781447164395, 9781447164401
  • Pages: 405
  • Format: pdf
  • Size: 6.4M
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