Definition:Producer's Risk
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Definition
Producer's risk is the probability that a consumer rejects a batch with a small number of defectives which would in fact be acceptable to that consumer.
The producer's risk can be denoted by the symbol $\alpha$ (alpha).
Also see
- Definition:Error of the First Kind, to which this is equivalent
Sources
- 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): acceptance sampling
- 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): producer's risk