TY - JOUR
T1 - Two-dimensional warranty
T2 - A literature review
AU - Wang, Xiaolin
AU - Xie, Wei
N1 - Funding Information:
The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: This work was supported by the University Grants Council of Hong Kong under a theme-based project grant (No. T32-101/15-R), the National Natural Science Foundation of China (Nos 71532008, 71601079, 71731006, and 71520107001), and the Guangdong Natural Science Foundation (No. 2016 A030310415).
Publisher Copyright:
© 2017, © IMechE 2017.
Copyright:
Copyright 2019 Elsevier B.V., All rights reserved.
PY - 2018/6/1
Y1 - 2018/6/1
N2 - The warranty policies for capital-intensive products, such as automobiles, heavy equipment, and aircraft engines, typically have two dimensions, that is, the age and usage. During the last two decades, much research has been published on the two-dimensional warranty from many different perspectives. This article reviews and summarizes work and state-of-the-art developments in this research field, with emphasis on both theoretical methodologies and practical applications. In this review, five principal topics are covered: (1) two-dimensional warranty policies, (2) cost analysis of two-dimensional warranty, (3) two-dimensional warranty and engineering/marketing problems, (4) two-dimensional warranty and logistics issues, and (5) two-dimensional long-term warranty. In particular, the practical and application aspects of two-dimensional warranty policies have been surveyed. Overall, 105 journal papers covering 49 journals, published from 1993 to present, are selected and discussed in detail. Finally, some interesting and challenging research topics are presented for the scholars and practitioners to explore new research in this field.
AB - The warranty policies for capital-intensive products, such as automobiles, heavy equipment, and aircraft engines, typically have two dimensions, that is, the age and usage. During the last two decades, much research has been published on the two-dimensional warranty from many different perspectives. This article reviews and summarizes work and state-of-the-art developments in this research field, with emphasis on both theoretical methodologies and practical applications. In this review, five principal topics are covered: (1) two-dimensional warranty policies, (2) cost analysis of two-dimensional warranty, (3) two-dimensional warranty and engineering/marketing problems, (4) two-dimensional warranty and logistics issues, and (5) two-dimensional long-term warranty. In particular, the practical and application aspects of two-dimensional warranty policies have been surveyed. Overall, 105 journal papers covering 49 journals, published from 1993 to present, are selected and discussed in detail. Finally, some interesting and challenging research topics are presented for the scholars and practitioners to explore new research in this field.
KW - failure modeling
KW - flexible warranty
KW - logistics
KW - long-term warranty
KW - maintenance
KW - marketing
KW - Two-dimensional warranty
KW - warranty data analysis
UR - http://www.scopus.com/inward/record.url?scp=85042364054&partnerID=8YFLogxK
U2 - 10.1177/1748006X17742776
DO - 10.1177/1748006X17742776
M3 - Review article
AN - SCOPUS:85042364054
SN - 1748-006X
VL - 232
SP - 284
EP - 307
JO - Proceedings of the Institution of Mechanical Engineers, Part O: Journal of Risk and Reliability
JF - Proceedings of the Institution of Mechanical Engineers, Part O: Journal of Risk and Reliability
IS - 3
ER -