Predicting Warranty Expense Using Reliability Analysis Methods


Instructor: Steven Wachs
Product ID: 702237

  • Duration: 75 Min
This webinar will show how you can use failure data to predict expected future failures, proactively drive quality and reliability improvement and react quickly to emerging issues.
Last Recorded Date: Aug-2017


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Why Should You Attend:

Manufacturers design and develop products based on an expected product lifetime. Many manufacturers conduct extensive reliability testing to minimize the risk that products will fail prematurely. Despite these efforts, unexpected failures occur due to design flaws, manufacturing process changes, or a misunderstanding of the product use environment. Premature failures alienate customers and significantly impair brand and company reputations. Failure data may be easily modeled to forecast future failures and identify emerging issues that present financial risks to the organization.

This 60-minute presentation will show how you can use failure data to predict expected future failures, proactively drive quality and reliability improvement and react quickly to emerging issues.

Areas Covered in the Webinar:

  • Modeling Time-To-Failure Data.
  • Predicting Future Failures.
  • Developing a Warranty Forecast.
  • Accounting for Model Uncertainty.
  • Identifying Non-Homogeneous Groups.
  • Handling Non-Homogenous Groups (e.g. Model Revisions / Design Levels).

Who Will Benefit:

  • Product Development Personnel
  • Product Engineers
  • Managers
  • Executives Finance Staff
  • Reliability Professionals
  • Quality Personnel
Instructor Profile:
Steven Wachs

Steven Wachs
Principal Statistician, Integral Concepts, Inc

Steven Wachs has 25 years of wide-ranging industry experience in both technical and management positions. He has worked as a statistician at Ford Motor Company where he has extensive experience in the development of statistical models, reliability analysis, designed experimentation, and statistical process control.

Mr. Wachs is currently a Principal Statistician at Integral Concepts, Inc. where he assists manufacturers in the application of statistical methods to reduce variation and improve quality and productivity. He also possesses expertise in the application of reliability methods to achieve robust and reliable products as well as estimate and reduce warranty. Mr. Wachs regularly speaks at industry conferences and provides workshops in industrial statistical methods worldwide.

He has an M.A. in Applied Statistics from the University of Michigan, an M.B.A, Katz Graduate School of Business from the University of Pittsburgh, 1992, and a B.S., Mechanical Engineering from the University of Michigan.

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Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).




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