Economic Model of Calibration Improvements for Automatic Test Equipment (Classic Reprint) - Hardcover

Stephen F. Weber

9780331459708: Economic Model of Calibration Improvements for Automatic Test Equipment (Classic Reprint)

Hardcover

ISBN 10: 0331459701 ISBN 13: 9780331459708

Publisher: Forgotten Books, 2018

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Quantify the value of better accuracy in automatic test equipment and guide smarter investment decisions.

This book presents a practical model for measuring the benefits of improved accuracy in test equipment. It shows how to compute the chances a unit under test is accepted or rejected under different levels of accuracy, and how those chances translate into costs and losses for buyers and producers.

The text explains how to balance equipment accuracy, test settings, and measurement errors to optimize procurement and calibration policy. It covers both systematic and random errors, and it provides methods to compare approaches that reduce errors with the goal of lowering overall economic impact.

How Consumer's Loss and Producer's Loss are defined and calculated for different test outcomes.
Ways to optimize buying and maintaining test equipment based on economic trade-offs.
the effects of systematic and random measurement errors on decision accuracy and costs.
Practical tools and examples, including computer analysis options for tailoring TA, ue, and oe to your needs.

Ideal for engineers and managers who need a clear framework for evaluating test equipment investments and calibration strategies.

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