Producer's risk is the probability that a good product will be rejected as a bad product by the consumer. Probability of loss from (1) rejecting a batch which, in fact, should have been accepted, or (2) accepting a batch that, in fact, will be rejected by the customer. See also consumer's risk.
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- Producer's risk is the probability that a good product will be rejected as a bad product by the consumer. Probability of loss from (1) rejecting a batch which, in fact, should have been accepted, or (2) accepting a batch that, in fact, will be rejected by the customer. See also consumer's risk.
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- Producer's risk is the probability that a good product will be rejected as a bad product by the consumer. Probability of loss from (1) rejecting a batch which, in fact, should have been accepted, or (2) accepting a batch that, in fact, will be rejected by the customer. See also consumer's risk.
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