National Academy of Agricultural Sciences (NAAS)
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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706 Issues : 12 per year Publisher : Excellent Publishers Email : editorijcmas@gmail.com / submit@ijcmas.com Editor-in-chief: Dr.M.Prakash Index Copernicus ICV 2018: 95.39 NAAS RATING 2020: 5.38 |
Economic plan play an important role for every product. The priority of every sampling plan is the reduction in time and cost, which totally depends on the sampling plan, a decision regarding rejection and acceptance of the lot is taken on the basis of a single sample. The purpose of this paper is to design an economic model to obtain optimal total cost on the basis of average total inspection (ATI).In a single sampling plan, one sample of items is selected at random from a lot and the disposition of the lot is determined from the resulting information. These plans are usually denoted as (n, c) plans for a sample size n, where the lot is rejected if there are more than c defectives. The present study deals with the development of a mathematical model that can help a producer to find a single sampling plan that minimizes the producers total cost (inspection and failure costs and post-sale failure cost) and satisfies both the producers and consumers quality risk requirements.
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