Question: A company uses the following acceptance - sampling procedure. A sample size equal to 1 0 % of the lot is taken. If 2 %

A company uses the following acceptance-sampling procedure. A sample size equal to 10% of the
lot is taken. If 2% or less of the items in the sample are defective, the lot is accepted; otherwise, it
is rejected. If submitted lots vary in size from 5000 to 10,000 units, what can you say about the
protection by this plan? If 5% defective rate is the desired LTPD, does this scheme offer reasonable
protection to the consumer? Support your answer with calculation.A company uses the following acceptance-sampling procedure. A sample size equal to 10% of the
lot is taken. If 2% or less of the items in the sample are defective, the lot is accepted; otherwise, it
is rejected. If submitted lots vary in size from 5000 to 10,000 units, what can you say about the
protection by this plan? If 5% defective rate is the desired LTPD, does this scheme offer reasonable
protection to the consumer? Support your answer with calculation.

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