Benefits of Using Statistics in Warranty

Nearly all manufacturing corporations have faced and will go on to face solemn consistency problems. So as to meet financial reporting necessities and to guarantee sufficient financial treasury, manufacturing companies preserve warranty database records. The use of suitable statistical detection rules in a warranty database has the potential to spot out serious reliability problems way before they would otherwise be revealed. Spotting such a problem weeks or months earlier than it would or else be spotted can significantly reduce both tangible and intangible costs of meager reliability.