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