Title
The economically designed two-sided Bayesian I control chart
Abstract
This paper studies a model for the economic design of an adaptive X¯ chart for short production runs that are subject to the occurrence of assignable causes, which may either increase or decrease the mean of the quality characteristic. At each sampling instance, the probabilities that the process operates under the effect of an assignable cause are updated using Bayes’ theorem. All three chart parameters, i.e., the time until the next sampling instance, the sample size and the control limit are adaptive and depend on these probabilities. We derive properties that facilitate the cost computation and eventually the optimization of the proposed scheme. Then, we evaluate the effectiveness of this chart by comparing its cost against the expected cost of (a) a fixed-parameter Shewhart chart optimized for short runs and (b) a variable-parameter Shewhart chart, optimized for an infinite process. The numerical results indicate that the potential savings from using the Bayesian scheme are significant.
Year
DOI
Venue
2007
10.1016/j.ejor.2006.09.074
European Journal of Operational Research
Keywords
Field
DocType
Quality control,Bayesian process control,Control charts,Economic design,Short runs
Mathematical optimization,Control limits,EWMA chart,X-bar chart,Control chart,Statistical process control,Chart,Common cause and special cause,Mathematics,Operations management,Shewhart individuals control chart
Journal
Volume
Issue
ISSN
183
1
0377-2217
Citations 
PageRank 
References 
14
1.13
3
Authors
2
Name
Order
Citations
PageRank
George Nenes1848.32
George Tagaras217819.37