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An Economic Inspection Model for a Multicomponent System

An Economic Inspection Model for a Multicomponent System Presents an economic approach to inspecting a system consisting of several components, the questions of whether or when it is better to look at it as one unit or to divide it into its components or into subsets of its components. The objective function can be interpreted as the longterm profit per time unit of operation whichin the case of a production device with a constant production rate is equivalent to the longterm profit per item produced. Gives a simple method on how to determine the economic design of an inspection policy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Quality & Reliability Management Emerald Publishing

An Economic Inspection Model for a Multicomponent System

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0265-671X
DOI
10.1108/02656719210008463
Publisher site
See Article on Publisher Site

Abstract

Presents an economic approach to inspecting a system consisting of several components, the questions of whether or when it is better to look at it as one unit or to divide it into its components or into subsets of its components. The objective function can be interpreted as the longterm profit per time unit of operation whichin the case of a production device with a constant production rate is equivalent to the longterm profit per item produced. Gives a simple method on how to determine the economic design of an inspection policy.

Journal

International Journal of Quality & Reliability ManagementEmerald Publishing

Published: Feb 1, 1992

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