Three types of the producer's and consumer's risks in the single sampling plan
Document Type
Conference Proceeding
Publication Date
1-1-1998
Abstract
The classical producer's risk α and the consumer's risk β in acceptance sampling are defined based on the assumption that the proportion defective of incoming lots is a constant. This assumption has been a source of much of the criticism of acceptance sampling in recent years. Thus, assuming that the proportion defective is a random variable that follows a beta distribution, we derive (1) the modified producer's risk α′ and consumer's risk β′ and (2) Bayes producer's risk α″ and consumer's risk β″, and clarify their relationships with (3) the classical risks α and β.
Publication Source (Journal or Book title)
Proceedings Annual Meeting of the Decision Sciences Institute
First Page
1566
Last Page
1568
Recommended Citation
Chun, Y., & Rinks, D. (1998). Three types of the producer's and consumer's risks in the single sampling plan. Proceedings Annual Meeting of the Decision Sciences Institute, 3, 1566-1568. Retrieved from https://repository.lsu.edu/infosys_pubs/83