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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





	
	
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Unless otherwise indicated, all entries in the LogisticsWorld Logistics Glossary are copyright 1997, Matthew D. Cox, logistics@logisticsworld.com.

 

WWW Virtual Library of Logistics
Ver 4, Sep, 1999, Matthew D. Cox, logistics@logisticsworld.com
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Copyright 1995, 1996, 1997, 1998, 1999 MDC, All rights reserved.