Al-Said, Mahmoud; Kamal, Rania M.; Rashwan, Mahmoud M. - In: Review of economics and political science : REPS 6 (2021) 2, pp. 142-160
Purpose This paper presents economic and economic-statistical designs of the adaptive exponentially weighted moving average (AEWMA) control chart for monitoring the process mean. It also aims to compare the effect of estimated process parameters on the economic performance of three charts, which...