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Optimal designing of an SkSP-V skip-lot sampling plan with double-sampling plan as the reference plan |
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| Authors: | Muhammad Aslam Saminathan Balamurali Chi-Hyuck Jun Munir Ahmad Mujahid Rasool |
| Affiliation: | 1. Department of Statistics, Forman Christian College University, Lahore, Pakistan 2. Departments of Mathematics, Kalasalingam University, Krishnankoil, 626190, Tamil Nadu, India 3. Department of Industrial and Management Engineering, POSTECH, Pohang, 790-784, Republic of Korea 4. National College of Business Administration & Economics, Lahore, Pakistan |
| Abstract: | This paper deals with the optimal designing of a skip-lot sampling plan of type SkSP-V by considering the double-sampling plan as the reference plan. The design parameters are determined so as to minimize the average sample number while the specified producer’s risk and the consumer’s risks are satisfied. The tables are constructed by considering the various combinations of acceptable and limiting quality levels, and an example is given for illustration purpose. The advantages of the proposed plan over the conventional double-sampling plan are also discussed. |
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