Article ID: | iaor19952027 |
Country: | United Kingdom |
Volume: | 33 |
Issue: | 8 |
Start Page Number: | 2125 |
End Page Number: | 2131 |
Publication Date: | Aug 1995 |
Journal: | International Journal of Production Research |
Authors: | Mihalko D.P., Golhar D.Y. |
Keywords: | financial |
This paper addresses the problem of estimating the expected profit for an automatic filling operation when the standard deviation of the filling process is unknown. For 100% inspection, a procedure is developed for obtaining an estimated confidence interval for the expected profit.