Acceptance Sampling: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Acceptance Sampling

  • a quality control decision-making technique used in a manufacturing environment, in which acceptance or rejection of a batch of parts is decided by testing a sample of the batch. The sample is checked against established standards and, if it meets those standards, the whole batch is deemed acceptable.

Additional Resources

Economic acceptance sampling by variables with quadratic quality costs
Although in recent years more emphasis is placed on process control and off-line quality control methods, acceptance sampling remains a major ingredient of many practical quality control systems. This is especially true in industries that rely heavily on materials, that are supplied from outside vendors, that may be located far...
Tags: Delta, deviation, G., ISO, Omega, Quality, rejection, variance
Research articles 1994-11-01
Best Practices
The article says that one can design an acceptance-sampling plan to signal when to undertake a total physical inventory count. Compared to taking a total inventory count at a fixed period annually, sampling can provide you with more accurate record counts, cause less disruption of operations, and lower costs. The sampling...
Tags: Inventory, Best Practice, Industrial Data & Information
White papers 2003-01-01
Monetary-Unit Sampling Using Microsoft Excel
Monetary-unit sampling MUS is a method of statistical sampling used to assess the amount of monetary misstatement that may exist in an account balance. The method, also known as dollar-unit sampling or probability-proportional-to-size sampling, has been used for many years and is widely accepted among auditors.
Tags: Microsoft Corp., Microsoft Excel
Research articles 2005-05-01
Statistical sampling in tax filings: new confirmation from the IRS
Statistical sampling is playing an increasingly important role in identifying deductions and credits for federal income tax purposes. The Internal Revenue Service has been responsive to questions about the appropriateness of and requirements for the use of statistical sampling in tax determinations. The creation of territory sampling coordinator positions and...
Tags: deduction, Internal Revenue Service, tax
Research articles 2004-05-01
Statistical Sampling as a Management Tool in Banking
The author describes the use of sampling in a financial setting and focuses, as an illustration, on some of the methods used by the FDIC to value assets in liquidation. By using sampling, as opposed to valuing each asset, significant cost savings are achieved while ensuring the accuracy and...
Tags: FDIC, Banking, Tool, Asset Management, Financial Accounting, Operational Planning, Business Operations, Finance
White papers 1997-06-01
Bulk Sampling to Begin At Issac's Harbour
MONTREAL--BUSINESS WIRE--July 24, 1998--Indocan Resources Inc. (OTC BB:IDCN) Based on the recent sampling results showing excellent Au, done by TUNS Technical University of Nova Scotia using atomic absorption sampling method, the company has decided to begin bulk sampling at the Isaac's Harbour site as soon as possible. The bulk sampling...
Tags: Business Wire, E-mail
Research articles 1998-07-24
Bulk Sampling to Begin At Issac's Harbour
MONTREAL--BUSINESS WIRE--July 24, 1998--Indocan Resources Inc. (OTC BB:IDCN) Based on the recent sampling results showing excellent Au, done by TUNS Technical University of Nova Scotia using atomic absorption sampling method, the company has decided to begin bulk sampling at the Isaac's Harbour site as soon as possible. The bulk sampling...
Tags: Business Wire, E-mail
Research articles 1998-07-24
Court rejects census sampling
WASHINGTON AP -- A federal court invalidated the Census Bureau's plans to use statistical sampling for the 2000 census on Monday, rejecting the Clinton administration's proposal for a modern update of the one-by-one count the founding fathers envisioned. The Democratic-led supporters of sampling, who say the method is...
Tags: PRODUCTIVITY, U.S. Congress
Research articles 1998-08-25
Specifying A/D converters: considerations for IF-sampling applications.(LEADING inside: A series of engineering insights by Analog Devices.)(Advertisement)
Choosing the ADC with the highest resolution or sampling speed is often not enough to satisfy the performance demands presented by IF-sampling architectures. ADCs for IF-sampling applications must support high input frequencies while also maintaini Choosing the ADC with the highest resolution or sampling...
Tags: ADC Telecommunications Inc., advertisement, Analog Devices Inc.
Research articles 2005-09-15
A.M. Best Affirms Rating of First Acceptance Insurance Group; Assigns Issuer Credit Ratings
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of B Fair for First Acceptance Insurance Company, Inc. and separately-rated First Acceptance Insurance Company of Georgia, Inc., both members of the First Acceptance Insurance Group First Acceptance (Grand Prairie, TX). The rating outlook is stable.
Tags: A.M. Best Co.
Research articles 2006-12-13
SOI sampling methodology and data limitations
This appendix discusses typical sampling procedures used in most Statistics of Income SOI programs. Aspects covered briefly include sampling criteria, selection techniques, methods of estimation, and sampling variability. Some of the nonsampling error limitations of the data are also described, as well as the tabular conventions employed. Additional information...
Tags: FINANCE, Internal Revenue Service, Taxes, variability
Research articles 2004-03-22
SOI sampling methodology and data limitations
This appendix discusses typical sampling procedures used in most Statistics of Income SOI programs. Aspects covered briefly include sampling criteria, selection techniques, methods of estimation, and sampling variability. Some of the nonsampling error limitations of the data are also described, as well as the tabular conventions employed. Additional information...
Tags: Estate, FINANCE, income, Internal Revenue Service, Taxes
Research articles 2008-03-22
Specifying A/D Converters: Considerations for IF-Sampling Applications
Choosing the ADC with the highest resolution or sampling speed is often not enough to satisfy the performance demands presented by IF-sampling architectures. ADCs for IF-sampling applications must support high input frequencies while also maintaining adeqChoosing the ADC with the highest resolution or sampling speed is often not enough to...
Tags: ADC Telecommunications Inc., performance
Research articles 2005-10-01
Specifying A/D converters: considerations for IF-sampling applications.(Advertorial)(Advertisement)
Choosing the ADC with the highest resolution or sampling speed is often not enough to satisfy the performance demands presented by IF-sampling architectures. ADCs for IF-sampling applications must support high input frequencies while also maintaini Choosing the ADC with the highest resolution or sampling...
Tags: ADC Telecommunications Inc., advertisement, advertorial
Research articles 2005-10-13
SOI Sampling Methodology and Data Limitations
Appendix This appendix discusses typical sampling procedures used in most Statistics of Income SOI programs. Aspects covered briefly include sampling criteria, selection techniques, methods of estimation, and sampling variability. Some of the nonsampling error limitations of the data are also described, as well as the tabular conventions employed. ...
Tags: FINANCE, Internal Revenue Service, Taxes
Research articles 2000-09-22
Product Sampling Evaluation
In recent years, the number of sampling methods and programs available to brand managers have increased dramatically, and at the same time have become more sophisticated in their approach to sample delivery. Many of the new programs being introduced use modern marketing information systems to identify prime consumer groups and...
Tags: Program, Brand, Burke, Branding, Marketing
White papers 2003-01-01
SOI sampling methodology and data limitations
Appendix This appendix discusses typical sampling procedures used in most Statistics of Income SOI programs. Aspects covered briefly include sampling criteria, selection techniques, methods of estimation, and sampling variability. Some of the nonsampling error limitations of the data are also described, as well as the tabular conventions employed. ...
Tags: FINANCE, Internal Revenue Service, Taxes
Research articles 2004-12-22
SOI sampling methodology and data limitations
Appendix This appendix discusses typical sampling procedures used in most Statistics of Income SOI programs. Aspects covered briefly include sampling criteria, selection techniques, methods of estimation, and sampling variability. Some of the nonsampling error limitations of the data are also described, as well as the tabular conventions employed. ...
Tags: FINANCE, Internal Revenue Service, Taxes
Research articles 2005-03-22
SOI sampling methodology and data limitations
Appendix This appendix discusses typical sampling procedures used in most Statistics of Income SOI programs. Aspects covered briefly include sampling criteria, selection techniques, methods of estimation, and sampling variability. Some of the nonsampling error limitations of the data are also described, as well as the tabular conventions employed. ...
Tags: FINANCE, Internal Revenue Service, Taxes
Research articles 2003-12-22
SOI sampling methodology and data limitations: appendix
This appendix discusses typical sampling procedures used in most Statistics of Income SOI programs. Aspects covered briefly include sampling criteria, selection techniques, methods of estimation, and sampling variability. Some of the nonsampling error limitations of the data are also described, as well as the tabular conventions employed. Additional information...
Tags: FINANCE, Internal Revenue Service, Taxes, variability
Research articles 2004-06-22
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