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If you’re going to provide in-house extended warranties to your customers, you must always be the _____________________ contractor.
Gary requires a maintenance agreement with every extended warranty in order to manage the _____________________ control for the system; this is an important factor when predicting failures to plan your prices.
If a technician runs a service call and finds a failure with a customer who has an extended warranty, it is imperative to have an extended warranty _____________________ because you will no longer be booking it in demand service.
One idea to manage _____________________ is to move the money from the sale into a deferred liability account on your balance sheet and use it to pay the labor as needed.
When planning your pricing model, remember to account for _____________________ and the impact it will have on the number of failures you plan for.