Optimal price and pro rata decisions for combined warranty policies with different repair options

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dc.contributor.authorMatis, Timothy I.
dc.contributor.authorJayaraman, Raja
dc.contributor.authorRangan, Alagar
dc.date.accessioned2026-02-06T18:45:56Z
dc.date.issued2008
dc.departmentDoğu Akdeniz Üniversitesi
dc.description.abstractA repairable product under a non-renewing combined warranty policy that is subject to a displaced log-linear demand function of the product's price and pro rata period length is considered. Expressions for the manufacturer's long-run average profit per unit time under replacement, minimal and general repair options are obtained. In addition, expressions for the stationary points and second-order conditions of the profit function are presented. Numerical illustrations that demonstrate optimal product pricing, pro rata length determination, and repair option selection to maximize the manufacturers, profit are given.
dc.identifier.doi10.1080/07408170801971494
dc.identifier.endpage991
dc.identifier.issn0740-817X
dc.identifier.issn1545-8830
dc.identifier.issue10
dc.identifier.orcid0000-0002-2749-2688
dc.identifier.scopus2-s2.0-49249111988
dc.identifier.scopusqualityN/A
dc.identifier.startpage984
dc.identifier.urihttps://doi.org/10.1080/07408170801971494
dc.identifier.urihttps://hdl.handle.net/11129/14030
dc.identifier.volume40
dc.identifier.wosWOS:000258245800007
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherTaylor & Francis Inc
dc.relation.ispartofIie Transactions
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260204
dc.subjectminimal repair
dc.subjectgeneral repair
dc.subjectpro rata warranty
dc.subjectcombined warranty
dc.titleOptimal price and pro rata decisions for combined warranty policies with different repair options
dc.typeArticle

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