Abstract
In This Paper, we focus on estimating the expected total cost and expected cost rate for age replacement under warranty policy. We describe how to use design of Accelerated life testing (ALT) plans by assuming constant stress and life times are independently distributed as Exponentiated Pareto Distribution (EP) for predicting the cost of age replacement under warranty policy. This problem is studied when maximum likelihood estimators (MLE) are obtained. Also, the Age Replacement Policy under Pro- rate Rebate Warranty is displayed. Finally, numerical examples are carried out to illustrate theoretical results.
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