Purpose – The purpose of this paper is to investigate a new sampling methodology previously proposed for systems with a known lifetime distribution: the Predetermined Sampling Intervals (PSI) method. Design/methodology/approach – The methodology is defined on basis of system hazard...

Abstract In previous papers, a new adaptive sampling method was presented for application in the economic statistical control context. By means of an economic model, an optimal solution can be defined. The results obtained previously indicate that the approach might be more useful than both the...