Acceptance sampling plan within the decision theoretic frame work has received a considerable amount of attention during the last few decades. In this review article we have mainly discussed different acceptance sampling plans based on the decision theoretic approach under the Bayesian set up for different censoring schemes. We have discussed optimal sampling plans for one and two sample problems, in case of competing risks and also for interval censored data. Throughout the article, we mention several open problems and suggest possible future work for the benefit of readers interested in this area of research. Finally, we have presented some numerical results to compare the performances of the different Bayesian sampling plans.
Prajapati et al. (Thu,) studied this question.