Question: Acceptance sampling (single sample) is implemented when investigating incoming large lots (N=1,133). The plan parameters are n=70, c=0 and the fraction nonconforming is 0.15. Find
Acceptance sampling (single sample) is implemented when investigating incoming large lots (N=1,133). The plan parameters are n=70, c=0 and the fraction nonconforming is 0.15. Find the expected total cost of inspection, if the inspection cost per unit is 10?
Report the answer in 6 decimal places!
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