Accession Number:

AD0784034

Title:

A Mathematical Approach to Determination of Beta Risk.

Descriptive Note:

Final rept.,

Corporate Author:

ARMY MATERIEL COMMAND TEXARKANA TEX INTERN TRAINING CENTER

Personal Author(s):

Report Date:

1973-03-01

Pagination or Media Count:

24.0

Abstract:

The project is the result of an effort to define an optimal consumer risk when sampling a product whose cost can be expressed as a function of quality in a closed mathematical form. The approach to this problem required the determination of the expected cost of a product by using an estimate of quality of the product based on a sample. The result of this project is a method which defines a decision point for the class of products described, and should permit determination of a reasonable consumers risk. Author

Subject Categories:

  • Statistics and Probability
  • Manufacturing and Industrial Engineering and Control of Production Systems

Distribution Statement:

APPROVED FOR PUBLIC RELEASE