International Journal of Statistics and Applied Mathematics
  • Printed Journal
  • Indexed Journal
  • Refereed Journal
  • Peer Reviewed Journal

International Journal of Statistics and Applied Mathematics

2022, Vol. 7, Issue 5, Part A

An economic model based on SkSP-2 with double sampling plan as the reference plan


Author(s): B Haripriya and V Sangeetha

Abstract:
Skip-lot sampling plans have been widely used in industries to reduce inspection efforts when products have excellent quality records. This paper provides an economic model based on SkSP-2 with the double sampling plan as a reference plan. The various combinations of producer quality level and consumer quality level by minimizing both the producer’s and the consumer’s risk have been discussed. Numerical examples are provided to confirm the application of the proposed concept.


DOI: 10.22271/maths.2022.v7.i5a.879

Pages: 31-35 | Views: 71 | Downloads: 10

Download Full Article: Click Here
How to cite this article:
B Haripriya, V Sangeetha. An economic model based on SkSP-2 with double sampling plan as the reference plan. Int J Stat Appl Math 2022;7(5):31-35. DOI: 10.22271/maths.2022.v7.i5a.879
Call for book chapter
International Journal of Statistics and Applied Mathematics