Consumer's risk or Consumer risk is a potential risk found in all consumer-oriented products, that a product not meeting quality standards will pass undetected through the manufacturer's quality control system and enter the consumer marketplace.
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Evaluating Acceptance Sampling Plans
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Producer's Surplus (Hindi)
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Estimating the probability of type II error from the OC Curves
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See also
- Commercial law
- Consumer protection laws
- Products liability
- Uniform Commercial Code
- Warranty
- Statistics
References
- Hui, Yiu H. (2006). Handbook of food science, technology, and engineering, Volume 2. CRC Press. pp. 56–15. ISBN 0-8493-9848-7.
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