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You are in charge of developing a single sampling plan for a category in your company that is based on the following parameters: The buyer’s risk should be 1.0% and the seller’s risk should be 5.0%. You consider 2.0% an acceptable quality level and the LTPD is 11.0%. What should the sample size be? Provide the lower and upper ranges for an appropriate sample size given the parameters above. Note: Round the lower bound of the range up and round the higher bound of the range down.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93136800

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