Solved

Given the Following Acceptance Sampling Data for a Lot of Several

Question 33

Short Answer

Given the following acceptance sampling data for a lot of several thousand units of a finished good:
Per-unit cost of replacing a defective unit after it has been shipped is $5.00
Per-unit cost of 100 percent inspection prior to shipment is $.60.
What is the point of indifference between 100 percent inspection and shipment without inspection?

Correct Answer:

verifed

Verified

12 percent...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions