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Using the Convolution Element to Compute Warranty Costs

Description

This model illustrates how to use a Convolution element to compute the cumulative warranty costs for a product given a time history of the sales rate, and an expected time history of the warranty costs for a single item. The example is discussed in Chapter 10 of the User´s Guide, and within the Help system (search using keyword ´Convolution element´, then select ´examples´).

 

Making Better Decisions In An Uncertain World