In acceptance sampling, when the random sample passes the buyer's incoming test (low number of defects found), the next action taken is to:
A) accept the entire lot of incoming materials.
B) do additional testing to reduce the risk of accepting a bad-quality lot.
C) place the lot on hold and wait for additional lots from this seller to be tested to assure consistent good quality.
D) 100% inspect the lot because some defects were found.
A
You might also like to view...
Sweden's smaller population explains why IKEA, Saab, and Ericsson have looked beyond their borders for significant growth opportunities
Indicate whether the statement is true or false
The ratio of fixed expenses to the contribution margin ratio is the
A) break-even point in sales B) break-even point in units C) variable cost ratio D) margin of safety E) degree of operating leverage
Supplementary information in a business report is generally provided in a
A) bibliography B) citation C) footnote D) pull quote
A consumer who receives unsolicited merchandise must return it within three business days.
Answer the following statement true (T) or false (F)