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Optimal price and service rate for a product with non-negligible warranty repair time

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Proceedings of the Institution of Mechanical Engineers, Part O: Journal of Risk and Reliability

Published online on

Abstract

Proceedings of the Institution of Mechanical Engineers, Part O: Journal of Risk and Reliability, Ahead of Print.
Warranty service has attracted increasing attention in the literature, yet existing research often oversimplifies analytical models by neglecting the repair time. While a few works incorporate repair time, they primarily focus on warranty cost and demand ...