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Two-dimensional combination warranty policies. (English) Zbl 0857.90046

Summary: A combination warranty policy is an extension of two simple warranty policies – the free replacement warranty (FRW) and the pro-rata warranty (PRW) – in the sense that it either contains additional feactures or combines the terms of two simple policies. The paper deals with the cost analysis of five different two-dimensional combination policies.

MSC:

90B25 Reliability, availability, maintenance, inspection in operations research
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