Economic scheme for designing Skip lot sampling plans involving Cost functions using Graphical Evaluation Review Technique

K. Pradeepa Veerakumari¹ , M. Kokila²

1. Department of Statistics, Bharathiar University, Coimbatore, India.
2. Department of Statistics, Bharathiar University, Coimbatore, India.

Section:Research Paper, Product Type: Isroset-Journal
Vol.5 , Issue.3 , pp.89-95, Jun-2018

CrossRef-DOI:   https://doi.org/10.26438/ijsrmss/v5i3.8995

Online published on Jun 30, 2018

Copyright © K. Pradeepa Veerakumari, M. Kokila . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
 

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Abstract :
The main thrust of this paper is to design optimum cost procedure for skip lot sampling plan of type SkSP-2 and SkSP-3 with single sampling as reference plan using GERT techniques. This favors producer as well as consumer. Simulation has been done and tables are constructed for various iterations of parameters of SkSP-2 and SkSP-3 with single sampling plan.

Key-Words / Index Term :
SkSP-2, SkSP-3, Graphical Evaluation Review Technique, Optimum cost, Single sampling plan

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