Design of a CSP-1 plan based on regret-balanced criterion

This article explores the problem of designing a CSP-1 plan with the specified average outgoing quality limit (AOQL), the acceptable quality level (AQL), and the limiting quality level (LQL) value. By adopting the regret-balanced criterion under the producer's and consumer's interests of quality, we can design the optimal CSP-1 plan.

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Year of publication:	2000
Authors:	Chen, Chung-Ho ; Chou, Chao-Yu
Published in:	Journal of Applied Statistics. - Taylor & Francis Journals, ISSN 0266-4763. - Vol. 27.2000, 6, p. 697-701
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005458212