consumer's risk


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consumer's risk

[kən′süm·ərz ′risk]
(industrial engineering)
The probability that a lot whose quality equals the poorest quality that a consumer is willing to tolerate in an individual lot will be accepted by a sampling plan.
References in periodicals archive ?
A number of studies have shown how they also increase the consumer's risk of heart disease,according to the Liverpool Echo.
According to the Tennessee document, insurance-licensed advisors may discuss a consumer's risk tolerance, financial situation and needs, as well as general trends in the stock market, including market risks and recent or historic economic activity.
This paper examines the relationship between consumer's risk perception and the addiction process.
Meanwhile, they say, it pushes insurance underwriting ever further from factors that point directly to a consumer's risk of loss.
Without doubt, the issuance of a card that does not require a PIN increases the consumer's risk.
This is an area of keen focus, as the ability to more accurately identify each consumer's risk will help bankcard issuers grow their card portfolios responsibly.
consumer's risk of identity theft based on current behaviors and past experiences.
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