Odds Exponential Log-Logistic Distribution - An Economic Reliability Test Plan

The odds exponential log logistic distribution introduced by Rosaiah et al. (2017) is considered as a probability model for the life time of the product. Sampling plans in which items that are put to test, to collect the life of the items in order to decide upon accepting or rejecting a submitted lot, are called reliability test plans. In this paper, we determine the minimum life test termination time, for various specified acceptance number, sample size and producers risk. The preferability of the present reliability test plan over similar plans exists in the literature is established with respect to termination time of the experiment.