11.07.2014 Views

Multiattribute acceptance sampling plans - Library(ISI Kolkata ...

Multiattribute acceptance sampling plans - Library(ISI Kolkata ...

Multiattribute acceptance sampling plans - Library(ISI Kolkata ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

the minimum cost is obtained at a 1 = 10.<br />

The Visual Basic program as Excel Macro “Costcalculation” for obtaining the cost as relevant<br />

to Figure 3.1.3 has been included at the end of this chapter. The output of the programme<br />

is the cost of an A kind plan with a 2 = 25, n = 250, N = 30000, and for a 1 = 5(1)20 for the<br />

cost parameters and parameters of the prior gamma distribution as given in this section.<br />

For N = 30000, the optimal C kind plan has sample size n = 250 and <strong>acceptance</strong> numbers<br />

c 1 = 8, c 2 = 30.<br />

We have therefore, demonstrated that it should be possible to obtain an optimal MASSP<br />

by the above methods. While doing so, it should be noted that the Bayesian solutions rest<br />

on the assumption that the prior distribution is stable and that no outliers occur, so that<br />

for small and medium lot sizes the Bayesian <strong>plans</strong> will often reduce to ‘accept without inspection’<br />

[Hald (1981)]. It is, however, clear that the choice of <strong>acceptance</strong> criterion does<br />

affect the costs of optimal MASSP’s. However, in the present chapter we do not attempt<br />

at obtaining general theoretical results for choosing the <strong>acceptance</strong> criteria as in the case of<br />

discrete prior distributions.<br />

128

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!