An economic reliability test plan: Log-logistic distribution

R. R. L. Kantam, G. Srinivasa Rao and B. Sriram

Journal of Applied Statistics, 2006, vol. 33, issue 3, 291-296

Abstract: Sampling plans in which items that are put to test, to collect the life of the items in order to decide upon accepting or rejecting a submitted lot, are called reliability test plans. The basic probability model of the life of the product is specified as the well-known log-logistic distribution with a known shape parameter. For a given producer's risk, sample size, termination number, and waiting time to terminate the test plan are computed. The preferability of the test plan over similar plans existing in the literature is established with respect to cost and time of the experiment.

Keywords: Log-logistic distribution; reliability test plan; producer's risk; acceptance sample number (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1080/02664760500445681

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