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Time Truncated Acceptance Sampling Plans for Fréchet Model

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  • Shovan Chowdhury

    (Indian Institute of Management Kozhikode)

Abstract

In this paper, we develop acceptance sampling plan when the lifetime experiment is truncated at a pre-assigned time. The minimum sample size required to ensure a specified median life of the experimental unit is provided when the lifetimes of the units follow Fréchet distribution. The operating characteristic values of the sampling plans as well as the producer’s risk are also presented. Examples are provided for illustrative purposes

Suggested Citation

  • Shovan Chowdhury, 2018. "Time Truncated Acceptance Sampling Plans for Fréchet Model," Working papers 290, Indian Institute of Management Kozhikode.
  • Handle: RePEc:iik:wpaper:290
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    File URL: https://iimk.ac.in/websiteadmin/FacultyPublications/Working%20Papers/2845290%20May.pdf
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    References listed on IDEAS

    as
    1. Muhammad Aslam & Debasis Kundu & Munir Ahmad, 2010. "Time truncated acceptance sampling plans for generalized exponential distribution," Journal of Applied Statistics, Taylor & Francis Journals, vol. 37(4), pages 555-566.
    2. R. R. L. Kantam & K. Rosaiah & G. Srinivasa Rao, 2001. "Acceptance sampling based on life tests: Log-logistic model," Journal of Applied Statistics, Taylor & Francis Journals, vol. 28(1), pages 121-128.
    3. Broussard, John Paul & Booth, G. Geoffrey, 1998. "The behavior of extreme values in Germany's stock index futures: An application to intradaily margin setting," European Journal of Operational Research, Elsevier, vol. 104(3), pages 393-402, February.
    Full references (including those not matched with items on IDEAS)

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