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Hypertension is one of the most important risk factors with respect to coronary heart disease and stroke. The benefits of early detection of hypertension and the subsequent design of follow-up treatment programs are well documented. Consequently, screening programs have been designed to identify...
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A methodology for determining optimal sampling plans for Bayesian multiattribute acceptance sampling models is developed. Inspections are assumed to be nondestructive and attributes are classified as scrappable or screenable according to the corrective action required when a lot is rejected on a...
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The relentless pursuit of increased product quality via continuous improvement is an important long-term strategy for achieving competitive advantage. However, manufacturers must still achieve high product quality in the short run. Hence, short-run quality improvement strategies are necessary,...
Persistent link: https://www.econbiz.de/10009218765
The impact of a decision maker's risk aversion on the choice of an optimal sampling plan is empirically examined for various batch sizes and prior distributions of the process quality level. These plans are compared to those of the classical linear cost model. The comparisons show that...
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