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The Economics of Sequential Sampling Procedures for Defectives

David G. Champernowne

Journal of the Royal Statistical Society Series C, 1953, vol. 2, issue 2, 118-130

Abstract: Inspection is undertaken to reduce 'decision costs' incurred through wrongly accepting or rejecting batches of manufactured articles, and for any given type of sampling scheme these costs decrease as the amount of inspection, and hence the inspection cost, increases. Professor Champernowne deals with the problem of determining optimum sequential sampling schemes which minimise the sum of the decision and inspection costs.

Date: 1953
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Journal of the Royal Statistical Society Series C is currently edited by R. Chandler and P. W. F. Smith

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