An Economic Approach to Acceptance Sampling.

Abstract

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 consumer's total operating costs per accepted lot. (Author)

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1973
Accession Number
AD0784028

Entities

People

  • Robert Justin Ruth

Organizations

  • United States Army Materiel Command

Tags

DTIC Thesaurus Topics

  • Computers
  • Cost Models
  • Costs
  • Economic Analysis
  • Economic Models
  • Economics
  • Sampling

Readers

  • Life Cycle Cost Analysis
  • Regression Analysis.
  • Semiconductor Device Technology