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Design of a CSP-1 plan based on regret-balanced criterion

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  • Chung-Ho Chen
  • Chao-Yu Chou

Abstract

This article explores the problem of designing a CSP-1 plan with the specified average outgoing quality limit (AOQL), the acceptable quality level (AQL), and the limiting quality level (LQL) value. By adopting the regret-balanced criterion under the producer's and consumer's interests of quality, we can design the optimal CSP-1 plan.

Suggested Citation

  • Chung-Ho Chen & Chao-Yu Chou, 2000. "Design of a CSP-1 plan based on regret-balanced criterion," Journal of Applied Statistics, Taylor & Francis Journals, vol. 27(6), pages 697-701.
    • Handle: RePEc:taf:japsta:v:27:y:2000:i:6:p:697-701
    DOI: 10.1080/02664760050081870
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    Cited by:

    1. Muhammad Babar Ramzan & Shehreyar Mohsin Qureshi & Sonia Irshad Mari & Muhammad Saad Memon & Mandeep Mittal & Muhammad Imran & Muhammad Waqas Iqbal, 2019. "Effect of Time-Varying Factors on Optimal Combination of Quality Inspectors for Offline Inspection Station," Mathematics, MDPI, vol. 7(1), pages 1-18, January.

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