An Economic Approach to Acceptance Sampling.
ARMY MATERIEL COMMAND TEXARKANA TEX INTERN TRAINING CENTER
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The paper examines the economics of single sample acceptance sampling with the objective of determining a rational, consistent means of selecting a sampling plan. Three general situations are identified for which cost models are developed. These include 1 non-destructive sampling with rectification of rejected lots, 2 non-destructive sampling without rectification, and 3 destructive sampling. A method, suitable for use on a computer, is developed which identifies the optimal sampling plan for each of the above situations. In the paper, the optimal sampling plan is taken to be that which minimizes the consumers total operating costs per accepted lot. Author
- Statistics and Probability
- Manufacturing and Industrial Engineering and Control of Production Systems