-A Single-Sampling Plan by Attributes Is Needed for a Purchased

question 49

Multiple Choice

$$\begin{array} { | c | c | c | } \hline n & \begin{array} { c } \text { Producer's } \\\text { Risk } \\( p = \mathrm { AQL } ) \end{array} & \begin{array} { c } \text { Consumer's } \\\text { Risk } \\( p = \mathrm { LTPD } ) \end{array} \\\hline 60 & 0.122 & 0.126 \\80 & 0.191 & 0.048 \\100 & 0.264 & 0.017 \\120 & 0.332 & 0.006 \\\hline\end{array}$$
-A single-sampling plan by attributes is needed for a purchased component.Given the following information,what is the consumer's risk ?? Table I.1 is above.
Sample size = 50
Acceptance number (c) = 3
Acceptance quality level (AQL ) = 0.01
Lot tolerance proportion defective (LTPD) = 0.04

• A) Greater than or equal to 0 but less than or equal to 0.25
• B) Greater than 0.25 but less than or equal to 0.50
• C) Greater than 0.50 but less than or equal to 0.75
• D) Greater than 0.75 but less than or equal to 1.00

---

Definitions:

Straight Line Amortization

A method of allocating the cost of an intangible asset over its useful life in equal annual installments.

Effective Tax Rate

The actual rate at which an individual or a corporation is taxed, calculated by dividing the total tax paid by the taxable income.

Consolidated Balance Sheet

A financial statement showing the combined assets, liabilities, and equity of a parent company and its subsidiaries.

Non-controlling Interest

A shareholder's equity in a subsidiary that is not attributable to the parent company, representing minority ownership.