DESIGN OF RANDOM RENEWING WARRANTIES WITH COST-SHARING FOR MISSION-ORIENTED PRODUCTS

Lijun Shang; Qingan Qiu

doi:10.1049/icp.2025.3669

DESIGN OF RANDOM RENEWING WARRANTIES WITH COST-SHARING FOR MISSION-ORIENTED PRODUCTS

Lijun Shang
, Qingan Qiu^*

^*Corresponding author for this work

Foshan University
Beijing Institute of Technology

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

The rapid evolution of digital technologies is fundamentally transforming reliability management frameworks, necessitating the integration of innovative methodologies as central elements of reliability management modernization. This study proposes a novel random warranty model-the two-limit random renewing back warranty with cost-sharing (2LRRBW CS), from a manufacturer perspective, designed to enhance warranty coverage reliability for mission-critical products. The framework includes several variant models to address different operational scenarios. Comprehensive numerical analyses are performed to elucidate the fundamental variation patterns and operational mechanisms inherent in the proposed warranty models.

Original language	English
Title of host publication	15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025
Publisher	Institution of Engineering and Technology
Pages	1414-1420
Number of pages	7
Volume	2025
Edition	35
ISBN (Electronic)	9781807050207, 9781807050344, 9781807050351, 9781807050375, 9781837242634, 9781837242900, 9781837242917, 9781837243143, 9781837243150, 9781837243167, 9781837243235, 9781837243341, 9781837243358, 9781837245277, 9781837246847, 9781837246854, 9781837247004, 9781837247011, 9781837247028, 9781837247035, 9781837247042, 9781837247059, 9781837247257, 9781837247264, 9781837247271, 9781837247295, 9781837247325, 9781837247332, 9781837249916
DOIs	https://doi.org/10.1049/icp.2025.3669
Publication status	Published - 1 Dec 2025
Externally published	Yes
Event	15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025 - Hohhot, China Duration: 23 Jul 2025 → 26 Jul 2025

Conference

Conference	15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025
Country/Territory	China
City	Hohhot
Period	23/07/25 → 26/07/25

Keywords

COST-SHARING
MISSION-ORIENTED PRODUCTS
RANDOM WARRANTY
RELIABILITY MANAGEMENT

Access to Document

10.1049/icp.2025.3669

Cite this

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title = "DESIGN OF RANDOM RENEWING WARRANTIES WITH COST-SHARING FOR MISSION-ORIENTED PRODUCTS",

abstract = "The rapid evolution of digital technologies is fundamentally transforming reliability management frameworks, necessitating the integration of innovative methodologies as central elements of reliability management modernization. This study proposes a novel random warranty model-the two-limit random renewing back warranty with cost-sharing (2LRRBW CS), from a manufacturer perspective, designed to enhance warranty coverage reliability for mission-critical products. The framework includes several variant models to address different operational scenarios. Comprehensive numerical analyses are performed to elucidate the fundamental variation patterns and operational mechanisms inherent in the proposed warranty models.",

keywords = "COST-SHARING, MISSION-ORIENTED PRODUCTS, RANDOM WARRANTY, RELIABILITY MANAGEMENT",

author = "Lijun Shang and Qingan Qiu",

note = "Publisher Copyright: {\textcopyright} The Institution of Engineering \& Technology 2025.; 15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025 ; Conference date: 23-07-2025 Through 26-07-2025",

year = "2025",

month = dec,

day = "1",

doi = "10.1049/icp.2025.3669",

language = "English",

volume = "2025",

pages = "1414--1420",

booktitle = "15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025",

publisher = "Institution of Engineering and Technology",

address = "United Kingdom",

edition = "35",

}

Shang, L & Qiu, Q 2025, DESIGN OF RANDOM RENEWING WARRANTIES WITH COST-SHARING FOR MISSION-ORIENTED PRODUCTS. in 15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025. 35 edn, vol. 2025, Institution of Engineering and Technology, pp. 1414-1420, 15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025, Hohhot, China, 23/07/25. https://doi.org/10.1049/icp.2025.3669

DESIGN OF RANDOM RENEWING WARRANTIES WITH COST-SHARING FOR MISSION-ORIENTED PRODUCTS. / Shang, Lijun; Qiu, Qingan.
15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025. Vol. 2025 35. ed. Institution of Engineering and Technology, 2025. p. 1414-1420.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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T1 - DESIGN OF RANDOM RENEWING WARRANTIES WITH COST-SHARING FOR MISSION-ORIENTED PRODUCTS

AU - Shang, Lijun

AU - Qiu, Qingan

N1 - Publisher Copyright: © The Institution of Engineering & Technology 2025.

PY - 2025/12/1

Y1 - 2025/12/1

N2 - The rapid evolution of digital technologies is fundamentally transforming reliability management frameworks, necessitating the integration of innovative methodologies as central elements of reliability management modernization. This study proposes a novel random warranty model-the two-limit random renewing back warranty with cost-sharing (2LRRBW CS), from a manufacturer perspective, designed to enhance warranty coverage reliability for mission-critical products. The framework includes several variant models to address different operational scenarios. Comprehensive numerical analyses are performed to elucidate the fundamental variation patterns and operational mechanisms inherent in the proposed warranty models.

AB - The rapid evolution of digital technologies is fundamentally transforming reliability management frameworks, necessitating the integration of innovative methodologies as central elements of reliability management modernization. This study proposes a novel random warranty model-the two-limit random renewing back warranty with cost-sharing (2LRRBW CS), from a manufacturer perspective, designed to enhance warranty coverage reliability for mission-critical products. The framework includes several variant models to address different operational scenarios. Comprehensive numerical analyses are performed to elucidate the fundamental variation patterns and operational mechanisms inherent in the proposed warranty models.

KW - COST-SHARING

KW - MISSION-ORIENTED PRODUCTS

KW - RANDOM WARRANTY

KW - RELIABILITY MANAGEMENT

UR - https://www.scopus.com/pages/publications/105038540211

U2 - 10.1049/icp.2025.3669

DO - 10.1049/icp.2025.3669

M3 - Conference contribution

AN - SCOPUS:105038540211

VL - 2025

SP - 1414

EP - 1420

BT - 15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025

PB - Institution of Engineering and Technology

T2 - 15th International Conference on Quality, Reliability, Risk, Maintenance, and Safety Engineering, QR2MSE 2025

Y2 - 23 July 2025 through 26 July 2025

ER -

DESIGN OF RANDOM RENEWING WARRANTIES WITH COST-SHARING FOR MISSION-ORIENTED PRODUCTS

Abstract

Conference

Keywords

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