Press residual life monitor for warranty calculation

G - Physics – 06 – Q

Patent

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G06Q 99/00 (2006.01) G07C 3/00 (2006.01)

Patent

CA 2323380

A method and apparatus for determining the original warranty and extended warranty for a mechanical device. A value indicative of the severity of the use of a mechanical device is utilized to develop a value of original warranty and a value of extended warranty. Extended warranty information may additionally be used to offer an automatic buyback of the mechanical device.

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