Analysis and Reduction of warranty cost: A Case of Automobile Industry
Prediction is difficult,specially of future
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Warranty analysis is important in product design and development to improve product's reliability over the time to satisfy customer's need and to improve profit of an industry. It helps to create brand image of an industry and make it competent in market. Warranty policies decide by organization make it's product more promising to customer. Warranty is faith and assurance by manufacturer to customer.
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