EconPapers    
Economics at your fingertips  
 

Economic design of continuous sampling plan under linear inspection cost

Chung-Ho Chen and Chao-Yu Chou

Journal of Applied Statistics, 2002, vol. 29, issue 7, 1003-1009

Abstract: The article explores the problem of an economically based type I continuous sampling plan (CSP-1 plan) under linear inspection cost. By assuming that the per unit inspection cost is linearly proportional to the average number of inspections per inspection cycle, and by solving the modified Cassady et al.'s model, we not only have the required level of product quality but also obtain the minimum total expected cost per unit produced.

Date: 2002
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/0266476022000006702 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:japsta:v:29:y:2002:i:7:p:1003-1009

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CJAS20

DOI: 10.1080/0266476022000006702

Access Statistics for this article

Journal of Applied Statistics is currently edited by Robert Aykroyd

More articles in Journal of Applied Statistics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-03-20
Handle: RePEc:taf:japsta:v:29:y:2002:i:7:p:1003-1009