An asymptotically optimal inspection policy
โ Scribed by Dan Anbar
- Publisher
- John Wiley and Sons
- Year
- 1976
- Tongue
- English
- Weight
- 372 KB
- Volume
- 23
- Category
- Article
- ISSN
- 0894-069X
No coin nor oath required. For personal study only.
โฆ Synopsis
Abstract
An inspection model in life testing situations is discussed. The system under study is assumed to consist on n independent components all of which fail independently in an exponential fashion. Failures can be discovered only through inspection. The experimenter is assumed to lack the knowledge of the parameter of the exponential distribution. A stochastic sequential inspection policy is suggested which uses the data collected through experimentation to estimate the unknown parameter. It is shown that this policy is asymptotically optimal. Some numerical demonstrations are included.
๐ SIMILAR VOLUMES
In this study, we investigate the effects of using process status at the end of the production lot (PSPL), on determining the optimal policies for products inspection and production lot size. First, we obtain the optimal product inspection policies for different PSPL for a given lot in the in-contro