Question

In: Advanced Math

what are some factors that a manufacturer should consider when determining whether to test a sample...

what are some factors that a manufacturer should consider when determining whether to test a sample or the entire population to ensure the quality of a product?

Solutions

Expert Solution

Factors that a manufacturer should consider when determining whether to test a sample or the entire population to ensure the quality of a product:

(i) Testing the entire population involves time, budget constraints and also depends on the actual population size.

(ii) In case the testing is destructive testing, only sampling is the method because if we do destructive test on the entire population, we will be left with nothing after the test.

(iii) In the case of infinite population, testing of entire population is out of question. For example the height of a person of age 20 years. The population is entire world which is unmanageable.

(iv) Availability of qualified experts on testing the product is limited and so, only sampling is possible.

(v) Testing of a sample has more reliability than the testing of the entire population because of the fatigue as well as boredom of the testing person.

Colby Messinger answered 2 years ago
Next > < Previous

Related Solutions

What factors should be considered when determining whether or not foreign debt is a problem for...
What factors should be considered when determining whether or not foreign debt is a problem for a country? Do you think Australia’s foreign debt is a problem? Do you think Argentina, Chile or China’s foreign debt if any is a problem? Discuss briefly.
What factors should be considered when determining whether or not foreign debt is a problem for...
What factors should be considered when determining whether or not foreign debt is a problem for a country? Do you think Australia’s foreign debt is a problem? Do you think Argentina, Chile or China’s foreign debt if any is a problem? Discuss briefly.
What are some of the criteria to consider when determining which statistical test to perform?
What are some of the criteria to consider when determining which statistical test to perform?
What factors should we consider when determining why the chicken “loses” to the fox? A chicken...
What factors should we consider when determining why the chicken “loses” to the fox? A chicken can fly and perch on higher places than the fox can likely get to. Does one animal have worse hearing than the other? Or are its other senses not as keen? Does one animal sleep more soundly or just more than the other? What necessary information would you need to determine why one of these animals (the fox) tends to always come out on...
Deciding Factors What factors should a business consider when deciding whether to use a SaaS product...
Deciding Factors What factors should a business consider when deciding whether to use a SaaS product vs. a local running, non-cloud alternative? Are the factors the same for an individual or are they different?
What factors are relevant to determining whether an employer should be liable for the wrongful conduct...
What factors are relevant to determining whether an employer should be liable for the wrongful conduct of an employee? What can an employer do to minimize its potential liability (and the liability of the directors, if the employer is a corporation) for the actions of its employees?
What are some other factors that companies should consider when using data analytics?
What are some other factors that companies should consider when using data analytics?
1. What is a reporting entity and what factors would you consider in determining whether an...
1. What is a reporting entity and what factors would you consider in determining whether an entity is a reporting entity? 5 marks 2. What do ‘probable’ and ‘measured reliability” mean with respect to the recognition of the elements of financial accounting? 5 marks 3. Explain the difference in the accounting treatment for revaluation increments and revaluation decrements. Do you consider that this difference is ‘conceptually sound’? 5 marks 4. An asset having a cost of $100 000 and accumulated...
What factors need to be considered when determining whether or not identified actions are within the...
What factors need to be considered when determining whether or not identified actions are within the domain of nursing practice? Be sure to cite current literature in your response.
What are five factors managers often consider when determining the significance of a variance? What are...
What are five factors managers often consider when determining the significance of a variance? What are various ways in which standard-costing systems should be adapted in modern manufacturing environment? What are criticisms of standard costing in a modern manufacturing environment?
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT