Warranty cost sharing policies with preventive maintenance strategy for sensor embedded remanufactured products. (2019)

• Record Type: Journal Article
• Authors: Alqahtani, Ammar Y.; Gupta, Surendra M.
• Is Part Of: International journal of industrial and systems engineering. Volume 31:Number 3(2019)
• Page Start: 360
• Page End: 394
• Publication Date: 2019
• Subjects: reverse supply chain -- preventive maintenance -- warranty policies -- remanufacturing -- sensor-embedded products -- SEPs; Systems engineering -- Periodicals; Industrial engineering -- Periodicals; 620.001171
• Languages: English
• ISSNs: 1748-5037

Abstract

With the rapid growth of interest in remanufactured products, offering warranty for remanufactured products and components is becoming necessary for remanufacturer in order to meet customers' requirements mechanism. Furthermore, maintenance policies are of great importance in order to reduce the warranty cost of the remanufacturer. In this paper, a simulation model for remanufactured items sold with one-dimensional non-renewing cost sharing warranty (CSW) and cost limit warranty (CLW) are proposed from the point of view of remanufacturer. In this model, an end-of-life product (EOLP) is subjected to upgrade action at the end of its past life. During the warranty period, preventive maintenance actions are carried out when the remaining life of the product reaches a pre-specified value so that the remanufacturer's expected profit can be maximised. Finally, a numerical example and design of experiment analysis are provided to demonstrate the proposed approach.