Abstract
The study deals with the advancement of accelerated life testing in the field of product warranty. The expected total cost and expected cost rate for age replacement is estimated under warranty policy using accelerated life testing (ALT) plans. Under constant stress, the lifetimes of the units are assumed to follow generalised exponential distribution. The estimation process is carried through maximum likelihood estimation method. Also, the Age Replacement Policy under Pro-rate Rebate Warranty is discussed. Finally, an application example is presented to illustrate the theoretical results.
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