Distinguish between producer$$s risk and consumer$$s risk. In the context, explain the terms acceptable quality level and limiting quality level.

A sequential sampling plan is to be used. It describes to have a producer$$s risk of $0\mathrm{.}05$ at AQL$=0\mathrm{.}008$ and a consumer$$s risk of $0\mathrm{.}07$ at LQL $=0\mathrm{.}082.$ Determine the equations for the acceptance and rejection lines. What is the first opportunity to reject? What is the first opportunity to accept?