Abstract
This paper presents an economic model which incorporates the joint control of both variable and attribute quality characteristics of a product. Items are acceptable if they meet the specifications for both types of characteristics at the same time. Otherwise, the items are reprocessed or sold as scrap at a reduced price. A lot is acceptable if the number of rejected items does not exceed a given limit. The objective is to simultaneously select the appropriate target values for the characteristics, so as to maximize the expected income per lot. Optimality conditions are derived for various probability distributions of the number of defects in a lot and computational experience is reported.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
