Joint optimization of two-dimensional preventive maintenance parameters, technology level and product price under continuous usage rate and agent warranty services.
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| Title: | Joint optimization of two-dimensional preventive maintenance parameters, technology level and product price under continuous usage rate and agent warranty services. |
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| Authors: | Salmasnia, Ali1 (AUTHOR), Hatami, Ahmad1 (AUTHOR), Maleki, Mohammad Reza2 (AUTHOR) m.maleki@iut.ac.ir |
| Source: | International Journal of Modelling & Simulation. Feb2025, Vol. 45 Issue 1, p83-102. 20p. |
| Subjects: | Product failure, Two-dimensional models, Price levels, Economic policy, Consumers |
| Abstract: | An efficient two-dimensional warranty model with the possibility of extending after-sale services to the end of the product life is developed in which services in the extended warranty period are assigned to an agent as a transaction side. To control product failures, two factors are taken into account in the proposed model: (1) the manufacturing technology level which results in a different reliability outcome for the product; and (2) a two-dimensional maintenance policy with respect to customers' usage rate. In addition, in order to adapt the model to reality, we depart from the literature by considering the continuous nature of the usage rate variable. Finally, in order to confirm the effectiveness of the model, some comparative studies are carried out. The obtained results reveal that preventive maintenance (PM) activities lead to a considerable rise in cost savings. Besides, in comparison with one-dimensional PM policies based on product age and usage, using a two-dimensional PM policy improves the economic criteria. Furthermore, the presence of the agent has a great impact on reducing the customer's cost as well as the failure rate after the basic warranty period. [ABSTRACT FROM AUTHOR] |
| Copyright of International Journal of Modelling & Simulation is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Engineering Source |
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| Header | DbId: egs DbLabel: Engineering Source An: 182607348 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Joint optimization of two-dimensional preventive maintenance parameters, technology level and product price under continuous usage rate and agent warranty services. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Salmasnia%2C+Ali%22">Salmasnia, Ali</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Hatami%2C+Ahmad%22">Hatami, Ahmad</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Maleki%2C+Mohammad+Reza%22">Maleki, Mohammad Reza</searchLink><relatesTo>2</relatesTo> (AUTHOR)<i> m.maleki@iut.ac.ir</i> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22International+Journal+of+Modelling+%26+Simulation%22">International Journal of Modelling & Simulation</searchLink>. Feb2025, Vol. 45 Issue 1, p83-102. 20p. – Name: Subject Label: Subjects Group: Su Data: <searchLink fieldCode="DE" term="%22Product+failure%22">Product failure</searchLink><br /><searchLink fieldCode="DE" term="%22Two-dimensional+models%22">Two-dimensional models</searchLink><br /><searchLink fieldCode="DE" term="%22Price+levels%22">Price levels</searchLink><br /><searchLink fieldCode="DE" term="%22Economic+policy%22">Economic policy</searchLink><br /><searchLink fieldCode="DE" term="%22Consumers%22">Consumers</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: An efficient two-dimensional warranty model with the possibility of extending after-sale services to the end of the product life is developed in which services in the extended warranty period are assigned to an agent as a transaction side. To control product failures, two factors are taken into account in the proposed model: (1) the manufacturing technology level which results in a different reliability outcome for the product; and (2) a two-dimensional maintenance policy with respect to customers' usage rate. In addition, in order to adapt the model to reality, we depart from the literature by considering the continuous nature of the usage rate variable. Finally, in order to confirm the effectiveness of the model, some comparative studies are carried out. The obtained results reveal that preventive maintenance (PM) activities lead to a considerable rise in cost savings. Besides, in comparison with one-dimensional PM policies based on product age and usage, using a two-dimensional PM policy improves the economic criteria. Furthermore, the presence of the agent has a great impact on reducing the customer's cost as well as the failure rate after the basic warranty period. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of International Journal of Modelling & Simulation is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=egs&AN=182607348 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1080/02286203.2023.2180602 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 20 StartPage: 83 Subjects: – SubjectFull: Product failure Type: general – SubjectFull: Two-dimensional models Type: general – SubjectFull: Price levels Type: general – SubjectFull: Economic policy Type: general – SubjectFull: Consumers Type: general Titles: – TitleFull: Joint optimization of two-dimensional preventive maintenance parameters, technology level and product price under continuous usage rate and agent warranty services. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Salmasnia, Ali – PersonEntity: Name: NameFull: Hatami, Ahmad – PersonEntity: Name: NameFull: Maleki, Mohammad Reza IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 02 Text: Feb2025 Type: published Y: 2025 Identifiers: – Type: issn-print Value: 02286203 Numbering: – Type: volume Value: 45 – Type: issue Value: 1 Titles: – TitleFull: International Journal of Modelling & Simulation Type: main |
| ResultId | 1 |
