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A company is manufacturing wooden pencils and has been making this same style of pencil for 10 years. What type of inspection plan would you

image text in transcribedA company is manufacturing wooden pencils and has been making this same style of pencil for 10 years. What type of inspection plan would you recommend as the pencils are being manufactured (0% inspection, 100% inspection, or something in-between)? Plot your answer on the graph below. Plot your answer on the graph below. Support your answer by: 1. Why did you plot your response where you did? Cite your resources in APA format. 2. What are the consequences (positive and negative) of your decision? How do you know? Cite your resources in APA format.

High Cost Low Cost 0% Sampling 100% Sampling High Cost Low Cost 0% Sampling 100% Sampling

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