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A possibilistic and probabilistic approach to precautionary saving [PDF]

open access: yesPanoeconomicus, 2017
This paper proposes two mixed models to study a consumer’s optimal saving in the presence of two types of risk: income risk and background risk. In the first model, income risk is represented by a fuzzy number and background risk by a random variable. In
Georgescu Irina   +2 more
doaj   +3 more sources

Bayesian double group sampling plan for assessing the average number of nonconforming products in manufacturing: a Poisson-Gamma distribution approach [PDF]

open access: yesScientific Reports
To succeed in the global market, firms must prioritize quality over individual goals and preferences. Acceptance sampling is one of the two primary approaches for ensuring quality, which is used in statistical process control for attributes inspection of
Waqar Hafeez   +4 more
doaj   +2 more sources

EVALUATING ENTERPRISE AGILITY – AN EXPLORATORY RESEARCH ON CONSUMER BEHAVIOR INDICATORS [PDF]

open access: yesAnnals of the University of Oradea: Economic Science, 2009
Starting from a model of the factors which are directly involved in the consumer’s buying behavior – brand image, the perception of purchase risk, the attitude towards the product category and, in this context, the attitude towards the brand, the buying ...
BOIER Rodica
doaj   +2 more sources

Repetitive acceptance sampling plan for type-ii generalized half logistic distribution based on truncated life test [PDF]

open access: yesSongklanakarin Journal of Science and Technology (SJST), 2021
In this article, we present a new repetitive acceptance sampling plan for attributes based on considering the Type-II generalized half-logisticl distribution (GHLD) with known shape parameters.
Gadde Srinivasa Rao   +2 more
doaj   +1 more source

A group acceptance sampling plan based on flexible new Kumaraswamy exponential distribution: An application to quality control reliability

open access: yesCogent Engineering, 2023
In this study, we presented a group acceptance sampling plan for situations in which the lifetime of an item followed a flexible new Kumaraswamy exponential distribution for applications to quality control reliability.
Sidra Naz   +5 more
doaj   +1 more source

Metrics Related to Confusion Matrix as Tools for Conformity Assessment Decisions

open access: yesApplied Sciences, 2023
Conformity assessment refers to activities undertaken to check whether some product, service or process meets certain criteria and specifications given by internationally accepted standards.
Dubravka Božić   +3 more
doaj   +1 more source

Quality Control Testing with Experimental Practical Illustrations under the Modified Lindley Distribution Using Single, Double, and Multiple Acceptance Sampling Plans

open access: yesMathematics, 2023
Quality control testing under acceptance sampling plans involves inspecting a representative sample of products or materials from a larger lot or batch to determine whether the lot meets predetermined quality standards.
Yusra Tashkandy   +4 more
doaj   +1 more source

Economic optimization of the acceptance in testing under the existence of the measurement uncertainty

open access: yesMeasurement: Sensors, 2021
This study suggests the optimization of the acceptance in testing from the economic point of view. For this purpose, a type of the global consumer's risk different from that expressed in JCGM 106 is used.
Katsuhiro Shirono   +2 more
doaj   +1 more source

Bayesian Two-sided Complete Group Chain Sampling Plan for Binomial Distribution using Beta Prior through Quality Regions

open access: yesJournal of ICT, 2021
Acceptance sampling is a technique for statistical quality assurance based on the inspection of a random sample to decide the lot disposition: accept or reject. Producer’s risk and consumer’s risk are inevitable in acceptance sampling.
Waqar Hafeez, Nazrina Aziz
doaj   +1 more source

A web-based tool to design and analyze single- and double-stage acceptance sampling plans [PDF]

open access: yes, 2020
Acceptance sampling plans are used to determine whether production lots can be accepted or rejected. Existing tools only provide a limited functionality for the two-point design and the risk analysis of such plans.
Claes, Johan   +2 more
core   +1 more source

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