Which of the following statement is true about LTPD (Lot Tolerance Percent Defective)?

Which of the following statement is true about LTPD (Lot Tolerance Percent Defective)?
A . LTPD is the collected data which shows the defective products in a lot.
B . LTPD represents the company’s loss for producing defective products.
C . This is the method of calculating the percentage of accepted and rejected products.
D . LTPD is the lowest quality of any product that can be accepted.

View Answer

Answer: D

Explanation:

Lot Tolerance Percent Defective is the lowest quality of any product that can be accepted while sampling. It has a 10% chance of being accepted.