Warranty Analysis Practice Exam

About Warranty Analysis
Warranty was introduced as a tool to attract customers. Companies wanted to show their customers that they were willing to guarantee their products. They reaped the benefits of this assurance as customers became more than willing to align with companies offering warranties on their products.

A streamlined warranty process will not only reduce your costs but also allows you to predict your warranty costs and as a result, help manage your warranty reserves.

Why is Warranty Analysis important?
Warranty management today, however, presents an opportunity to increase your strategic advantage. It can improve customer confidence and through better management, can help reduce operational costs. It also provides the opportunity to generate revenue through up-sell and cross-sell of warranty policies and products.

Warranty analysis is critical for success in the marketplace. Wherever competition is fierce, customers' expectations are high and government regulations are more stringent, warranty claims activity will be increasingly important to analyze and understand.

Who should take the Warranty Analysis Exam?
•    Reliability or quality  professionals
•    Business owners or Entrepreneurs
•    Anyone who wants to assess their Warranty Analysis skills
•    Reliability or quality managers and senior executives
•    Reliability or quality consultants
•    Professionals working in outsourced companies responsible for Warranty Analysis
•    Any professional with skills and knowledge on Warranty Analysis
•    Anyone interested in Warranty Analysis

Knowledge and Skills required for the Warranty Analysis

Specific skills are needed to excel in career of warranty analysis which includes analytical bent of mind and quick learning skills.

Warranty Analysis Practice Exam Objectives

Warranty Analysis exam focuses on assessing your skills and knowledge in FMEA, warranty prediction and monitoring the warranty data.

Warranty Analysis Practice Exam Pre-requisite

There are no prerequisites for the Warranty Analysis exam.

Warranty Analysis Certification Course Outline

1. Failure Time Distributions
2. FMEA
3. Field Failures.
4. Warranty/ Fleet Maintenance Data
5. Warranty Analysis
6. Warranty Prediction
7. Analysis of Non-Homogeneous warranty data
8. Monitoring the Warranty data
9. Optimal warranty periods
10. Weibull probability Analysis and life testing

Exam Format and Information
Certification name – Warranty Analysis Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees - INR 1199