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Warranties - Warranties are contractor commitments to repair or replace equipment found to be defective within a specified period. Warranties provide incentives for production of systems with high reliability and maintainability, and invoke cost penalties (direct and/or indirect) on the contractor if standards are not met. Reference: Air Force Institute of Technology, Graduate School of Acquisition and Logistics Related Terms: Warranties - acquisition | integrated logistics support | logistics | military |
Search History: [ Warranties ]
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WWW Virtual Library of Logistics Ver 4, Sep, 1999, Matthew D. Cox, logistics@logisticsworld.com Sponsored by LogisticsWorld. Copyright © 1995, 1996, 1997, 1998, 1999 MDC, All rights reserved. |