Abstract

In this paper, the author applies a variable sampling inspection plan with the producer’s and consumer’s risks on the operational characteristic curve for setting the optimum process mean. Assume that the quality characteristic of a one-sided lower specification limit product is normally distributed. The process standard deviation is known but the process mean is unknown. The rectifying inspection plan is adopted when the lot of product is rejected. The optimum process mean and the parameters of single variable sampling inspection plan are simultaneously determined by maximizing the expected total profit per unit under the specified producer’s and consumer’s risks. The numerical results show that (1) the unit price of product for the accepted lot, the production cost per unit, and the specification limit have a major effect on the expected total profit per unit; (2) the process standard deviation and the lot tolerance percent defective have a moderate effect on the expected total profit per unit

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 call

Disclaimer: 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.