Activity Number:
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481
- Modeling, Analysis, and Assessment
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Type:
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Contributed
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Date/Time:
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Wednesday, August 1, 2018 : 8:30 AM to 10:20 AM
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Sponsor:
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Quality and Productivity Section
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Abstract #328866
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Presentation
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Title:
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Prediction of Warranty Returns Based on Modeling Seasonal Recurrent Event Data
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Author(s):
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Qianqian Shan* and William Meeker
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Companies:
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and Iowa State University
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Keywords:
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repairable systems;
NHPP;
clustering;
seasonality
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Abstract:
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Warranty return data from repairable systems, such as vehicles, result in recurrent event data. The non-homogeneous Poisson process (NHPP) model is used widely to describe such data. Seasonality, however, complicates the modeling of recurrent-event data. This paper provides a general approach for the application of NHPP models to predict warranty returns. A hierarchical clustering method is used to stratify the population into groups that are more homogeneous than the overall population. The stratification facilitates modeling the recurrent-event data with both time-varying and time-constant covariates. We demonstrate and validate the models using vehicle warranty claim data. The results show that our approach provides significant improvements in predictive power.
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Authors who are presenting talks have a * after their name.
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