1. Department of Mathematics, Velalar College of Engineering &2. Technology, Erode, India;3. Department of Mathematics, Avinashilingam Institute for Home Science and Higher Education for Women, Coimbatore
Abstract:
In this article designing of acceptance sampling plans for the truncated life test is proposed using economic approach by assuming that the lifetime of a product follows Frechet distribution based on median. The optimal sampling plans to meet the consumer’s confidence level with minimum total cost are designed. Efficiency of the proposed plan is also analyzed.