This OC Curve Represents a Sampling Plan Developed for a Lot

question 48

Multiple Choice

This OC curve represents a sampling plan developed for a lot size of 1000,a sample size of 15,and an acceptance number of 2.The probability of acceptance for each of the first six points appears next to the plotted point.What incoming fraction defective is associated with the average outgoing quality limit?

• A) 0.10
• B) 0.15
• C) 0.20
• D) 0.25

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Definitions:

Systematic Basis

A methodological approach of allocating costs or revenues over a specified period of time in a consistent and logical manner.

Voting Stock

Securities that give the shareholder the right to vote on company matters, such as electing the board of directors and approving corporate policies.

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A payment that depends on achieving certain conditions or outcomes in the future.

Market Value

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