Accession Number:

AD0768147

Title:

An Introduction to Price-Adjusted Single Sampling with Quadratic Indifference,

Descriptive Note:

Corporate Author:

ARMY MATERIEL COMMAND TEXARKANA TEX INTERN TRAINING CENTER

Personal Author(s):

Report Date:

1971-07-01

Pagination or Media Count:

105.0

Abstract:

The research introduces and develops the concept of price-adjusted sampling with quadratic indifference. The basic purpose of price-adjusted sampling is the elimination of the process of rejecting lots, a procedure practiced in the application of conventional acceptance sampling methods. A discussion and history of various sampling techniques is presented with an emphasis on the comparison of the qualities of linear and quadratic indifference. Techniques for arriving at higher order indifference curves are explained along with the economic implications of various types of curves. In order to fully document the behavior of any given plan, it is necessary to tuilize a digital computer with plotting capability to illustrate the plan graphically. As a result, the application of the digital computer is emphasized heavily. Author

Subject Categories:

  • Numerical Mathematics
  • Manufacturing and Industrial Engineering and Control of Production Systems

Distribution Statement:

APPROVED FOR PUBLIC RELEASE