Question: Refer to Example 16.11, in which a single-sample plan with n 50 and c 2 was employed. a. Calculate AOQ for p
Refer to Example 16.11, in which a single-sample plan with n 50 and c 2 was employed.
a. Calculate AOQ for p .01, .02, . . . , .10. What does this suggest about the value of p for which AOQ is a maximum and the corresponding AOQL?
b. Determine the value of p for which AOQ is a maximum and the corresponding value of AOQL. [Hint: Use calculus.]
c. For N 2000, calculate ATI for the values of p given in part (a).
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