Pierre's Motorized Pirogues and Mudboats is setting up an acceptance sampling plan for the special air cleaners he manufactures for his boats.His specifications,and the resulting plan,are shown on the POM for Windows output below.In relatively plain English (someone else will translate for Pierre),explain exactly what he will do when performing the acceptance sampling procedure,and what actions he might take based on the results. 
Definitions:
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was put into use, reducing its book value on the balance sheet.
Buildings
Physical structures owned by a business that are used for operational purposes, considered long-term assets on the balance sheet.
Other Income/Expense
Revenue or costs that are not related to a company's main business operations, such as gains or losses from investments or foreign exchange.
Loss
A financial term referring to the condition where expenses exceed revenues, leading to a negative income.
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