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The and CUSUM control charts are used most widely for monitoring the mean of a quality characteristic x. This article studies the sample sizes and nCUSUM of these two charts in the domain of statistical design. However, the study takes the important sampling inspection cost (including the...
Persistent link: https://www.econbiz.de/10009023708
This article presents a single CUSUM scheme (called the GCUSUM chart) for simultaneously monitoring the time interval T and magnitude X of an event. For example, a traffic accident may be considered as an event, and the total loss in dollars in each case is the event magnitude. Since the GCUSUM...
Persistent link: https://www.econbiz.de/10010869111
Persistent link: https://www.econbiz.de/10005196985
While many control charts have been developed for monitoring the time interval (T) between the occurrences of an event; many other charts are employed to examine the magnitude (X) of the event. This article presents a single statistical process control (SPC) chart (called the rate chart) for...
Persistent link: https://www.econbiz.de/10005066812
This article proposes a new np control chart, called the npx chart, that employs an attribute inspection (inspecting whether a unit is conforming or nonconforming) to monitor the mean value of a variable x. The distinctive feature of the npx chart is using the statistical warning limits to...
Persistent link: https://www.econbiz.de/10005066893
We consider a decentralized supply chain, whereby a supplier sells a product to a group of independent buyers, and develop a strategy for the supplier to offer an all-units price discount or cash rebate for orders that are synchronized with its replenishments. As synchronized orders can be met...
Persistent link: https://www.econbiz.de/10009146241
This article proposes a new control chart (called the ABS SPRT chart) for Statistical Process Control (SPC) based on Sequential Probability Ratio Test (SPRT). This chart is able to monitor the mean and variance of a variable x simultaneously by inspecting the absolute sample shift x-[mu]0 (where...
Persistent link: https://www.econbiz.de/10009146282
This article compares the effectiveness and robustness of nine typical control charts for monitoring the mean of a variable, including the most effective optimal and adaptive Sequential Probability Ratio Test (SPRT) charts. The nine charts are categorized into three types (the X¯ type, CUSUM...
Persistent link: https://www.econbiz.de/10011043228