Optimization of Extended Warranty Cost for Multi-Component Products with Failure Interaction
In practice, the assumption of failure independence between components is seldom valid, especially for those complex systems with complicated failure mechanism. Users can decide whether to purchase extended warranty (EW) at the end of basic warranty, and there are many factors that influence this de...
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Main Authors: | Rongcai Wang, Enzhi Dong, Zhonghua Cheng, Liqing Rong, Qian Wang |
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Format: | Article |
Language: | English |
Published: |
Wiley
2021-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2021/5564740 |
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