In statistical quality control, decision‐theoretic approach draws a significant amount of attention due to its economic considerations. In reliability life testing, decision‐theoretic approach has been used quite extensively under different censoring schemes. All these implementations are based on single sample of products coming from a particular source. In this work we study decision‐theoretic approach on two sample of products coming from two different sources under a joint censoring scheme when the life times are exponentially distributed. The major advantage of such implementation is to take decision on the acceptance or rejection of one or both the batches in a single life testing experiment. Decision making is performed based on minimizing the Bayes risk with respect to a given loss function. It is observed that under certain set‐ups, the joint censoring scheme is preferable over the two separate single sample censoring schemes in decision making.

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