Lot Tolerance Percent Defective Notes: Definitions & Explanations PDF | Download eBooks
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Lot Tolerance Percent Defective Definitions:
Lot tolerance percent defective (LTPD) is the level of poor quality included in a lot of goods.
Managing Quality: Integrating the Supply Chain by S. Thomas Foster
Lot Tolerance Percent Defective (LTPD) is the poorest level of quality that the consumer is willing to accept in an individual lot.
Introduction to Statistical Quality Control by Douglas C. Montgomery
Lot Tolerance Percent Defective Notes:
Lot Tolerance percent defective (LTPD) is the value of percent defective related to consumer's risk i.e. Type II error. The risk associated with Lot Tolerance percent defective is that a bad lot of product is accepted. Lots of Lot tolerance percent defective should have a less chance of acceptance because they contain more defective products. The lot tolerance percent defective usually rejects a shipment. However, sometimes due to Type II error when it is accepted, consumers receive defective products. A sampling plan rejects the lot 90% of the time based on lot tolerance percent defective.
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