Assignment:
A single sampling plan is used to determine the acceptability of shipments of a bearing assembly used in the manufacture of skateboards. For lots of 500 bearings, samples of n = 20 are taken. The lot is rejected if any defectives are found in the sample.
a. Suppose that AQL .01 and LTPD = .10. Find α and β.
b. Is this plan more advantageous for the consumer or the producer?
Provide complete and step by step solution for the question and show calculations and use formulas.