Due to the global brand recognition of your former chip supplier, your factory was not conducting acceptance sampling to the chips. However, now with the new selected supplier it is mandatory to have a sampling plan and to implement it for each received lot of chips. As the consumer of the chips, Task Force 1 is assuming the consumers risk (i.e. risk of accepting a defective lot) is 10% and the percent of defectives that defines the rejection point (i.e. lot tolerance percent defectives) is 28%. Your selected new chip supplier as the producer of the chips, has finalized the negotiations by ensuring their producer risk (i.e. risk of rejecting good lots) is 5% and the maximum acceptable percent of defectives (i.e. acceptable quality level) is 10%.

What is your sampling plan?

Include a definition of what a sampling plan is.

Show all your work for the determination of the two components of the sampling plan