Institution: | California State University – Northridge |
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Department: | Department of Business |
Degree: | MS |
Year: | 1971 |
Keywords: | Dissertations, Academic – CSUN – Business Administration |
Record ID: | 1489956 |
Full text PDF: | http://hdl.handle.net/10211.2/4022 |
This thesis presents a discussion of the Monte Carlo Analysis Technique as it can be applied to the determination of the cost of a product's warranty. This analysis technique is applied to a representative automobile consisting of an engine, a transmission and a braking system. The simulation performed represents in excess of 1.7 million miles of operation of this simulated automobile. The results obtained from this simulated experiment represent a good approximation.of the real world situation that presently exists in the field of automobile warranties.