Sustainable development of production on the base of statistical risk analysis

In the work is formalized the problem of sustainable development of production, i.e. the optimum choice of parameter values of technological process with the purpose of minimization of the risk of obtaining the production of unplanned quality and of making incorrect decision about the quality of production and maximization of production profit at the guaranteed social and economic effects. Different statements of the problem depending on the set ultimate goal are considered. The general method of solution of the put task using the Bayesian approach of many hypotheses testing is offered.