
Under acceptance sampling producer’s risk and consumer’s risk has become increasingly common in maintaining quality products especially in industries. In this paper a skip lot sampling plan of type (SkSP-V) with Multiple Deferred State Sampling plan MDS (0,1) as reference plan has been studied. Producer’s risk and Consumer’s risk has been minimized by minimizing the tangent angle passing though (AQL, 1-α) and (LQL, β). Designing methodologies are provided to illustrate the solution procedures. This paper provides computational analysis that leads to variety of managerial insights. This method seems to be versatile and can be even adopted to the elementary production process, where the stipulated quality level is advisable to fix at a later stage and provides less producer risk and consumer risk.