Which of the following statements is correct regarding acceptance sampling?
A) sample inspection is 100% accurate
B) the consumer's risk is that a lot with less than the acceptable number of defects will be accepted
C) The producer's risk is that a batch with more than the acceptable number of defects will be rejected
D) The cost of the sampling plan must be balanced against the consumer's risk and the producer's risk
E) Lots are accepted when the consumer's risk equals the producer's risk

Question

Quizplus · Accepted Answer

Acceptance sampling involves making a decision on whether to accept or reject a batch of products based on a sample drawn from the batch. Sample inspection is not 100% accurate, hence option A is incorrect. The consumer's risk is the risk of accepting a lot with more than the acceptable number of defects while the producer's risk is the risk of rejecting a lot with less than the acceptable number of defects, hence option B and C are incorrect. The cost of the sampling plan must be balanced against the consumer's risk and producer's risk to ensure that the most appropriate sampling plan is selected. Therefore, option D is the correct statement. Option E is incorrect because the acceptance decision is based on the sampling plan that has been selected and not on whether the consumer's risk equals the producer's risk.

Which of the Following Statements Is Correct Regarding Acceptance Sampling