This is a complicated reply, because this is a really complicated subject. You
have made a good start.
First, you should talk to the legal people and make sure that this is really a
service contract and not an insurance product, or to what extent it is which. I
will not even start to think abou
L.S.,
I am looking for some feedback on the issue of premium calculation for a
warranty for industrial equipment. Assuming a number of periods that the
warranty will be valid one must consider two main components:
1. periodical costs due to usage of the industrial equipment based on
operational
