Extended warranties, maintenance service and lease contracts: modeling and analysis for decision-making

Murthy, D. N. Prabhakar and Jack, Nat Extended warranties, maintenance service and lease contracts: modeling and analysis for decision-making. London United Kingdom: Springer London, 2014. doi:10.1007/978-1-4471-6440-1


Author Murthy, D. N. Prabhakar
Jack, Nat
Title Extended warranties, maintenance service and lease contracts: modeling and analysis for decision-making
Place of Publication London United Kingdom
Publisher Springer London
Publication year 2014
Sub-type Reference work, encyclopaedia, manual or handbook
DOI 10.1007/978-1-4471-6440-1
Open Access Status
Series Springer series in reliability engineering
ISBN 9781447164395
9781447164401
ISSN 1614-7839
Language eng
Start page 1
End page 399
Total number of pages 399
Collection year 2015
Formatted Abstract/Summary
Decision problems may be classified in different ways. They may be either static or dynamic. In the static situation, decisions have to be made only once, whereas a dynamic problem involves multiple decisions over time. Decision problems may also be either deterministic or stochastic. In a deterministic problem, uncertainty is assumed to be insignificant and is ignored, whereas in a stochastic problem, the effect of uncertainty is included in the modelling, and this is done through the presence of random variables.
Q-Index Code AX
Q-Index Status Confirmed Code
Institutional Status UQ

 
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Created: Sun, 28 Sep 2014, 01:15:31 EST by System User on behalf of School of Mechanical and Mining Engineering