Simple English definitions for legal terms
Read a random definition: Preferred stock
Acceptance sampling is a way of checking if a whole shipment of items is good enough by only looking at a few of them. Instead of checking every single item, we just check a small sample to see if they are okay. This helps save time and money while still making sure the whole shipment is good enough.
Acceptance sampling is a method of testing a batch of products by examining only a small number of items to determine if the entire batch is acceptable or not.
For example, a company may receive a shipment of 1000 widgets from a supplier. Instead of inspecting every single widget, they may choose to randomly select 50 widgets for inspection. If all 50 widgets pass the inspection, the entire shipment is accepted. If any of the 50 widgets fail the inspection, the entire shipment is rejected.
This method is commonly used in manufacturing and quality control to save time and resources while still ensuring that the overall quality of the product is maintained.