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

question 62

Multiple Choice

A single-sampling plan by attributes is needed for a purchased component. Given the following information, what is the consumer's risk? Table G.1 is appended to this exam. Sample size = 125
Acceptance number (c) = 4
Acceptance quality level (AQL) = 0.02
Lot tolerance proportion defective (LTPD) = 0.07

• A) .057
• B) .061
• C) .065
• D) .069

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Definitions:

Units

Basic quantities or measurements used as standards for expressing and comparing the quantity of physical properties.

Tax

Tax refers to a compulsory financial charge or some other type of levy imposed upon a taxpayer by a government organization in order to fund government spending and various public expenditures.

Good

An item or product that satisfies a want or need and can be transferred to others.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing their gain from the transaction.