To improve the quality of products, the traditional inspection method is 100% inspection or sampling inspection. But in reality, the process of inspection has to consider quality cost and other factors. This study used the renewal process theory as a base to propose a new inspection scheme model. The first stage of the inspection scheme is 100% inspection, and the second stage, under given conditions, is sampling inspection. This new composite inspection method combines the advantage of 100% inspection and sampling inspection. Experimental results showed that this composite scheme model can propose an optimal inspection scheme and maximize the total expected profit.