Product inspection policy for an imperfect production system with inspection errors and warranty cost

2016 ◽  
Vol 248 (1) ◽  
pp. 263-271 ◽  
Author(s):  
Biswajit Sarkar ◽  
Sharmila Saren
Keyword(s):  
Production System ◽  
Inspection Errors ◽  
Imperfect Production ◽  
Inspection Policy ◽  
Warranty Cost

A Study on Imperfect Production System Under Maintenance Strategies and Warranty

2018 ◽  
pp. 371-387
Author(s):  
Chandra K. Jaggi ◽  
Prerna Gautam ◽  
Aditi Khanna
Keyword(s):  
Sensitivity Analysis ◽  
Production System ◽  
Preventive Maintenance ◽  
World Wide ◽  
Maintenance Cost ◽  
Total Cost ◽  
Imperfect Production ◽  
Holding Cost ◽  
Warranty Cost ◽  
Model Features

In every production system, malfunctioning or breakdown during run time can incur heavy loss to the organization, to overcome such a situation it is crucial to use maintenance actions which can be either corrective or preventive depending upon the condition of the system. Also, warranty policy is extensively used world-wide to increase customer confidence in the product and to uplift sales. On account of this, the present chapter presents a problem of a manufacturer dealing with an imperfect production system considering maintenance actions and warranty policy by trading off the rework cost, holding cost, warranty cost and corrective/preventive maintenance cost so as to minimize the manufacturer's total cost. Numerical analysis and sensitivity analysis is performed to showcase model features.

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