{"id":"https://openalex.org/W2737600440","doi":"https://doi.org/10.1080/00207543.2017.1355578","title":"Optimal pricing and two-dimensional warranty policies for a new product","display_name":"Optimal pricing and two-dimensional warranty policies for a new product","publication_year":2017,"publication_date":"2017-07-25","ids":{"openalex":"https://openalex.org/W2737600440","doi":"https://doi.org/10.1080/00207543.2017.1355578","mag":"2737600440"},"language":"en","primary_location":{"id":"doi:10.1080/00207543.2017.1355578","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00207543.2017.1355578","pdf_url":null,"source":{"id":"https://openalex.org/S65690446","display_name":"International Journal of Production Research","issn_l":"0020-7543","issn":["0020-7543","1366-588X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5015562907","display_name":"Wei Xie","orcid":"https://orcid.org/0000-0002-5079-3315"},"institutions":[{"id":"https://openalex.org/I90610280","display_name":"South China University of Technology","ror":"https://ror.org/0530pts50","country_code":"CN","type":"education","lineage":["https://openalex.org/I90610280"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Wei Xie","raw_affiliation_strings":["School of Business Administration, South China University of Technology, Guangzhou, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Business Administration, South China University of Technology, Guangzhou, China","institution_ids":["https://openalex.org/I90610280"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5015562907"],"corresponding_institution_ids":["https://openalex.org/I90610280"],"apc_list":null,"apc_paid":null,"fwci":3.513,"has_fulltext":false,"cited_by_count":38,"citation_normalized_percentile":{"value":0.92720603,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":100},"biblio":{"volume":"55","issue":"22","first_page":"6857","last_page":"6870"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12659","display_name":"Innovation Diffusion and Forecasting","score":0.9994000196456909,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12659","display_name":"Innovation Diffusion and Forecasting","score":0.9994000196456909,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9927999973297119,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12617","display_name":"Energy, Environment, and Transportation Policies","score":0.9890999794006348,"subfield":{"id":"https://openalex.org/subfields/2105","display_name":"Renewable Energy, Sustainability and the Environment"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/warranty","display_name":"Warranty","score":0.9757368564605713},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.6143666505813599},{"id":"https://openalex.org/keywords/revenue","display_name":"Revenue","score":0.5751427412033081},{"id":"https://openalex.org/keywords/net-profit","display_name":"Net profit","score":0.5055921077728271},{"id":"https://openalex.org/keywords/product","display_name":"Product (mathematics)","score":0.4502812623977661},{"id":"https://openalex.org/keywords/price-elasticity-of-demand","display_name":"Price elasticity of demand","score":0.4181174337863922},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.4144759476184845},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.38218557834625244},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3152484893798828},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.11626940965652466},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.11071327328681946}],"concepts":[{"id":"https://openalex.org/C2779056723","wikidata":"https://www.wikidata.org/wiki/Q329717","display_name":"Warranty","level":2,"score":0.9757368564605713},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.6143666505813599},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.5751427412033081},{"id":"https://openalex.org/C100716732","wikidata":"https://www.wikidata.org/wiki/Q570938","display_name":"Net profit","level":3,"score":0.5055921077728271},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.4502812623977661},{"id":"https://openalex.org/C51355593","wikidata":"https://www.wikidata.org/wiki/Q3194154","display_name":"Price elasticity of demand","level":2,"score":0.4181174337863922},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4144759476184845},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.38218557834625244},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3152484893798828},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.11626940965652466},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.11071327328681946},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/00207543.2017.1355578","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00207543.2017.1355578","pdf_url":null,"source":{"id":"https://openalex.org/S65690446","display_name":"International Journal of Production Research","issn_l":"0020-7543","issn":["0020-7543","1366-588X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Research","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:tprsxx:v:55:y:2017:i:22:p:6857-6870","is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/00207543.2017.1355578","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G3278330195","display_name":"\u8003\u8651\u65f6\u53d8\u987e\u5ba2\u57fa\u6570\u7684\u8d28\u4fdd\u7ef4\u4fee\u9700\u6c42\u9884\u6d4b\u4e0e\u5907\u4ef6\u5e93\u5b58\u7ba1\u7406\u7814\u7a76","funder_award_id":"71601079","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3525463018","display_name":null,"funder_award_id":"2017MS115","funder_id":"https://openalex.org/F4320320266","funder_display_name":"Times Higher Education"},{"id":"https://openalex.org/G5784198157","display_name":"\u57fa\u4e8e\u7edf\u8ba1\u9884\u6d4b\u7684\u591a\u96c6\u88c5\u7bb1\u88c5\u8f7d\u95ee\u9898\u4f18\u5316\u51b3\u7b56\u7814\u7a76","funder_award_id":"71501075","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G640237523","display_name":null,"funder_award_id":"71520107001","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G7693219444","display_name":null,"funder_award_id":"2016A030310415","funder_id":"https://openalex.org/F4320321921","funder_display_name":"Natural Science Foundation of Guangdong Province"},{"id":"https://openalex.org/G82439444","display_name":null,"funder_award_id":"2015A030306007","funder_id":"https://openalex.org/F4320321921","funder_display_name":"Natural Science Foundation of Guangdong Province"},{"id":"https://openalex.org/G8466857844","display_name":null,"funder_award_id":"2015A070705001","funder_id":"https://openalex.org/F4320321921","funder_display_name":"Natural Science Foundation of Guangdong Province"}],"funders":[{"id":"https://openalex.org/F4320320266","display_name":"Times Higher Education","ror":"https://ror.org/040qnm310"},{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320321921","display_name":"Natural Science Foundation of Guangdong Province","ror":null}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":47,"referenced_works":["https://openalex.org/W1512741451","https://openalex.org/W1543478259","https://openalex.org/W1592908277","https://openalex.org/W1963889201","https://openalex.org/W1968800421","https://openalex.org/W1969732089","https://openalex.org/W1977208527","https://openalex.org/W1983795980","https://openalex.org/W1988917059","https://openalex.org/W1998244560","https://openalex.org/W2003577957","https://openalex.org/W2006452394","https://openalex.org/W2011659350","https://openalex.org/W2012588742","https://openalex.org/W2016857895","https://openalex.org/W2019133118","https://openalex.org/W2021711978","https://openalex.org/W2026407925","https://openalex.org/W2042543719","https://openalex.org/W2046023740","https://openalex.org/W2057741303","https://openalex.org/W2059475515","https://openalex.org/W2073148390","https://openalex.org/W2073713187","https://openalex.org/W2078470838","https://openalex.org/W2084094000","https://openalex.org/W2087401479","https://openalex.org/W2090926309","https://openalex.org/W2094190766","https://openalex.org/W2116110829","https://openalex.org/W2120293286","https://openalex.org/W2130067743","https://openalex.org/W2140644268","https://openalex.org/W2157672420","https://openalex.org/W2158114082","https://openalex.org/W2265720734","https://openalex.org/W2280584620","https://openalex.org/W2290074365","https://openalex.org/W2402979225","https://openalex.org/W2425947038","https://openalex.org/W2470723283","https://openalex.org/W2483332341","https://openalex.org/W2504284276","https://openalex.org/W2607338116","https://openalex.org/W3100010118","https://openalex.org/W4235818902","https://openalex.org/W4253543067"],"related_works":["https://openalex.org/W2380228761","https://openalex.org/W4379260874","https://openalex.org/W4390923437","https://openalex.org/W2772061786","https://openalex.org/W2042364749","https://openalex.org/W2996706512","https://openalex.org/W4327772961","https://openalex.org/W4381466452","https://openalex.org/W2801277993","https://openalex.org/W1206361397"],"abstract_inverted_index":{"For":[0],"commercial":[1],"products,":[2,29],"pricing":[3],"and":[4,33,42,59,68,109,120,134,161,184,195],"warranty":[5,21,40,43,72,132,158,162,182,196],"are":[6,12,167],"two":[7,37],"crucial":[8],"marketing":[9],"strategies,":[10],"which":[11,56],"used":[13],"to":[14,50,169],"promote":[15],"the":[16,27,52,57,65,69,85,98,171,189,193],"potential":[17],"market":[18],"share.":[19],"The":[20,102,145],"policy":[22],"adopted":[23],"by":[24,64,91,112,149],"most":[25],"of":[26,71,173,192],"capital-intensive":[28],"such":[30],"as":[31],"machines":[32],"automobiles,":[34],"usually":[35],"has":[36],"dimensions,":[38],"i.e.":[39,129,155],"age":[41,119,159],"usage.":[44],"In":[45],"this":[46],"paper,":[47],"we":[48],"propose":[49],"investigate":[51],"profit-maximisation":[53],"problem,":[54],"in":[55],"revenue":[58],"costs":[60],"will":[61,138],"be":[62,89],"affected":[63],"product":[66,77,86,103,156,178],"price":[67,180,194],"area":[70],"region,":[73],"for":[74],"a":[75,92,105,113,141],"new":[76],"sold":[78],"under":[79],"two-dimensional":[80,106],"warranty.":[81],"We":[82,123],"assume":[83],"that":[84,137],"sales":[87,130],"can":[88],"captured":[90],"stochastic":[93],"Bass":[94],"model":[95],"based":[96],"on":[97,125,188],"nonhomogeneous":[99],"Poisson":[100],"process.":[101],"follows":[104],"failure":[107],"process":[108],"is":[110,147],"covered":[111],"non-renewable":[114],"free":[115],"minimal-repair":[116],"warranty,":[117],"with":[118],"usage":[121,163],"limits.":[122],"focus":[124],"three":[126,152],"revenue/cost":[127],"components,":[128],"revenue,":[131],"cost":[133],"production":[135],"cost,":[136],"significantly":[139],"affect":[140],"firm\u2019s":[142],"total":[143],"profit.":[144],"profit":[146],"maximised":[148],"jointly":[150],"optimising":[151],"decision":[153],"variables,":[154],"price,":[157],"limit":[160],"limit.":[164],"Numerical":[165],"experiments":[166],"conducted":[168],"illustrate":[170],"effects":[172],"some":[174],"key":[175],"parameters,":[176],"including":[177],"reliability,":[179],"elasticity,":[181],"elasticity":[183],"learning":[185],"effect":[186],"factor,":[187],"optimal":[190],"settings":[191],"region.":[197]},"counts_by_year":[{"year":2026,"cited_by_count":7},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":1}],"updated_date":"2026-07-22T07:51:19.307946","created_date":"2025-10-10T00:00:00"}