Abstract Reduction of warranty maintenance costs is a critical issue to the manufacturers of avionic products. A method to reduce expected warranty costs is the determination of all components of financial losses to avionic product suppliers during the warranty period with further minimisation of these losses. This study interlinks the warranty, reliability and maintenance indicators of avionic products. Mathematical models are proposed for analysing and assessing financial costs to avionic system suppliers during the warranty period. The developed mathematical models consider the warranty period, reliability indicators with respect to permanent and intermittent failures, redundancy, number of spare parts, cost of restoration and transportation and penalties for exceeding the duration of warranty repair or replacement. Numerical examples illustrating the proposed models are provided.
Cost Model for Assessing Losses to Avionics Suppliers During Warranty Period
2017-01-01
17 pages
Article/Chapter (Book)
Electronic Resource
English
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