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An expected cost model for the fraction defective control chart for the case where there are several out-of-control states is developed. A procedure is presented for determining the sample size, control limit or critical region, and interval between samples which minimizes the expected cost of...
Persistent link: https://www.econbiz.de/10009191312
Erratum To "Economic Design of Fraction Defective Control Charts" By Montgomery, Heikes and Mance, Management Sci. 21 (11, July) (1975).
Persistent link: https://www.econbiz.de/10009189513
An approximate cost model for a quality control procedure for two or more related variables is investigated. A method is presented to determine the optimal sample size, interval between samples, and critical region parameter for the Hotelling T<sup>2</sup> control chart. This model is a multivariate analog...
Persistent link: https://www.econbiz.de/10009208573