The opportunity study of PM strategy for second-hand products sold with a two-dimensional warranty

Dai, Anshu; Wei, Guanzhou; Wang, Dongfan; He, Zhen; He, Shiwei

doi:10.1016/j.ress.2021.107699

Cited by 22 publications

(9 citation statements)

References 30 publications

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“…Our review further shows that two studies were conducted in the domain of warranty analysis (Chukova & Shafiee, 2013;Dai et al, 2021), and two studies were performed in the domain of price prediction (Crosno & Cui, 2018;Zhao & Jagpal, 2006), underpinning the constructs of secondhand consumption as the independent variable. Although these studies have provided insights into understanding the importance of pricing strategies and warranty analysis, more academic research is needed to understand the impact of secondhand consumption on consumer wellbeing and consumer happiness (Gilal et al, 2023).…”

Section: Research Agenda With Reference To Characteristics (C): Behav...mentioning

confidence: 98%

“…Similarly, Turunen et al (2020) analyzed the impact of secondhand items on individuals' sense of empowerment. Dai et al (2021) investigated the effects of secondhand items on preventive maintenance strategies, while Hischier and Böni (2021) focused on studying the environmental and economic consequences of secondhand consumption. Lee and DeLong (2021) explored the relationship between secondhand consumption and consumers' sustainable clothing behavior.…”

Section: Analysis and Reflectionsmentioning

confidence: 99%

“…Another area of interest in the realm of secondhand consumption involves the analysis of pricing strategies (Crosno & Cui, 2018; Zhao & Jagpal, 2006) and warranty policies (Chukova & Shafiee, 2013; Dai et al, 2021), as budget constraints and frugality are viewed as important factors that affect consumers' attitudes toward secondhand items (Medalla et al, 2020). Notably, economic values (Waight, 2019), ownership of goods (Kim & Jin, 2021), and income (Norum & Norton, 2017) serve as key determinants of secondhand purchases.…”

Section: Conceptual Foundations Purpose and Research Questionsmentioning

confidence: 99%

See 2 more Smart Citations

Secondhand consumption: A systematic literature review and future research agenda

Gilal,

Shaikh,

Yang

et al. 2024

Int J Consumer Studies

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Secondhand purchasing, once associated primarily with financially marginalized individuals driven by economic necessity, has now emerged as a popular choice even among affluent consumers with sustainability concerns. This significant shift in consumer behavior underscores the urgent need for a comprehensive review that consolidates the fragmented literature on secondhand consumption, integrating its theoretical foundations and intellectual structure. In response to this imperative, our research, utilizing a theory‐context‐characteristics‐methodology framework, fills this critical gap and sets a pioneering precedent as the first systematic literature review on this topic. Through a content analysis of 105 publications from 59 journals spanning over three decades, our findings unveil more than 70 influential factors shaping secondhand purchases and consumptions. Moreover, our research illuminates noteworthy trends in theories, contextual considerations, consumer traits, and methodological approaches, offering a holistic view of the past, present, and future thematic developments in secondhand consumption research. Scholars will find these insights invaluable for positioning their future studies. Furthermore, we outline compelling directions for future research, proposing a deeper exploration of consumer values, social influences, advertising appeals, religiosity, and green consumerism to unlock novel avenues for understanding and strengthening consumer motivations for secondhand products. By shedding light on this vibrant and evolving field, our research not only fills a critical void but also paves the way for meaningful contributions to the expanding realm of secondhand consumption.

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Section: Research Agenda With Reference To Characteristics (C): Behav...mentioning

confidence: 98%

Section: Analysis and Reflectionsmentioning

confidence: 99%

Section: Conceptual Foundations Purpose and Research Questionsmentioning

confidence: 99%

See 1 more Smart Citation

Secondhand consumption: A systematic literature review and future research agenda

Gilal,

Shaikh,

Yang

et al. 2024

Int J Consumer Studies

View full text Add to dashboard Cite

show abstract

“…For example, new vehicles on the market usually have a 2D warranty with 3-years or 36,000-miles, whichever comes first (Wang and Xie, 2018). Recently, there has been much research on the hot topic of 2D warranty policy Dong et al, 2018;Dai et al, 2021;Mitra, 2021;Zhang et al, 2022;Gupta and Bhattacharya, 2022). In practice, items with 2D warranty also experience early failure.…”

Section: Introductionmentioning

confidence: 99%

Bayesian calculation of optimal burn-in policy for heterogeneous items under two-dimensional warranty

Wei,

Ling,

Liu

2024

Eksploatacja i Niezawodność – Maintenance and Reliability

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Various burn-in procedures have been greatly used to screen weak items and reduce warranty costs. This paper proposes a new burn-in model for heterogeneous items with non-renewing two-dimensional warranty. All failures within burn-in and warranty are assumed to be repaired through the minimal repair. Then we screen the items according to the failure information of the items during burn-in. We establish a cost-based model to optimize the mean total cost of each item put into the market. We demonstrate that the optimal burn-in time or usage rate should reach its upper bound under some conditions. In practice, the reliability and mean total cost of an item may be random due to the uncertainty of parameters in the model. Therefore, we also propose a Bayesian method to calculate the mean total cost and optimal burn-in policy of an item, which fully considers the uncertainty of parameters in the model. An example is also given to demonstrate the proposed burn-in model and Bayesian method.

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“…Index explanation: R1 (Sun & Ye, 2018); R2 (Doyen & Gaudoin, 2011); R3 (Yang et al, 2018); R4 (Martins et al, 2020); R5 (Guariente et al, 2017); R6 (Rosimah et al, 2015); R7 (Dai et al, 2021); R8 (Khatab et al, 2017); R9 (Lin et al, 2015); R10 (Wang et al, 2018); R11 (Shafiee & Chukova, 2013); R12 (Wu et al, 2011);R13 (Bendaya et al, 2009); R14 (Al-Turki et al, 2014)…”

Section: Variables Selectionmentioning

confidence: 99%

Assessment of MSMEs’ Preventive Maintenance: A Case Study of Coffee Shops at DKI Jakarta

Proceedings of the International Conference on Industrial Engineering and Operations Management

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The coffee shop industry relies heavily on coffee machines in its business processes. The machines used are physical assets that require maintenance so that the company continues to be productive. When an unplanned downtime occurs due to machines or equipment failure, this will disrupt the coffee shop operation. It would be costly to revise the production plan in an emergency and also causes lower product quality and variability in service level. The paper describes a case study of maintenance management in coffee shops, where the analysis used simple descriptive statistics. To investigate five maintenance variables, we issued a 17-question questionnaire to 30 coffee shops in Jakarta. After that, a descriptive analysis is carried out to determine the data's implications. From the survey result, most of the respondents were concerned about the financial aspects of maintenance. Furthermore, cleaning the coffee machine reveals the respondents' perceptions of maintenance activities.

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The opportunity study of PM strategy for second-hand products sold with a two-dimensional warranty

Cited by 22 publications

References 30 publications

Secondhand consumption: A systematic literature review and future research agenda

Secondhand consumption: A systematic literature review and future research agenda

Bayesian calculation of optimal burn-in policy for heterogeneous items under two-dimensional warranty

Assessment of MSMEs’ Preventive Maintenance: A Case Study of Coffee Shops at DKI Jakarta

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