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Economic Design of Moving Average Control Chart for Continued and Ceased Production Process
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S. H. Patil
Published/Copyright:
March 15, 2010
Abstract
In this article following the approach of Lorenzen and Vance, an economic design of moving average control chart is developed for ceased as well for continued production during control actions. The performance of the control charts is compared for the two production modes by means of the loss cost per time unit. The ceased production mode yields about 30% saving in the loss cost when compared to that of the continued production. The example given provides some insight to the sensitivity of the model.
Published Online: 2010-03-15
Published in Print: 2009-April
© Heldermann Verlag
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Articles in the same Issue
- Defining Precision for Reliable Measurement and Estimation Procedures
- Some Aspects of Discrete Hazard Rate Function in Telescopic Families
- Generalized Loss of Memory Property and a Multivariate Extension
- Threshold Autoregressive Individuals Control Charts
- A Group Acceptance Sampling Plans for Lifetimes Following a Generalized Exponential Distribution
- On The New Better Than Used Renewal Failure Rate at Specified Time
- A Novel Markov System Dynamics Framework for Reliability Analysis of Systems
- SS-CUSUM Chart
- Economic Design of Moving Average Control Chart for Continued and Ceased Production Process
- Estimation of System Reliability under Bivariate Rayleigh Distribution
