Warranty Cost Estimation using K-Means Cluster Analysis for Automobile Industry: Technical Note

What is it about?

The replacement of the unit is the only remedy for the claims of any type arising from the failure or defective condition. Hence, a reliability and survival analysis of the components is essential in the automobile industry

Featured Image

Why is it important?

The results of the analysed data can assist in evaluating past reserve levels and forecasting expenses related to future populations