In acceptance sampling, the risk of accepting a poor quality lot is known as:
A) consumer's risk.
B) producer's risk.
C) a Type I error.
D) None of these alternatives is correct.

Question

Quizplus · Accepted Answer

Consumer's risk refers to the risk of accepting a poor quality lot, which means that the products that are delivered to customers might be of poor quality. This risk is also known as Type I error, but it specifically refers to the risk of the producer accepting the lot, while the product is actually of poor quality. Therefore, option A is the correct answer. Option B refers to the risk of rejecting a good quality lot, which is also known as Type II error. Option C is incorrect because it refers to the same risk as option A, but it is not a commonly used term in acceptance sampling. Option D is incorrect because there is a correct answer to this question.

In Acceptance Sampling, the Risk of Accepting a Poor Quality