Economic design of acceptance sampling plans for truncated life test using Frechet distribution

D. Malathi and S. Muthulakshmi

Journal of Applied Statistics, 2017, vol. 44, issue 2, 376-384

Abstract: In this article designing of acceptance sampling plans for the truncated life test is proposed using economic approach by assuming that the lifetime of a product follows Frechet distribution based on median. The optimal sampling plans to meet the consumer’s confidence level with minimum total cost are designed. Efficiency of the proposed plan is also analyzed.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:taf:japsta:v:44:y:2017:i:2:p:376-384

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DOI: 10.1080/02664763.2016.1169260

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