Quality of industrial production processes may suffer from wear-out phenome
na continuously growing in time, and from sudden disturbances occurring at
random time. Either of them affects process quality and thus process yield.
Consequently, there should be counter-actions, which aim to remove signs o
f wear before they result in a decrease of process yield on the one hand, a
nd which detect disturbances before their impact has become serious. In thi
s paper, it is assumed that the wear-out phenomena are sufficiently compens
ated by means of continuous maintenance. It remains to determine an appropr
iate monitoring policy in order to detect disturbances. A unified economic
approach is proposed and investigated, including different modes of process
monitoring together with a decision function reacting simultaneously on sh
ifts in the process mean and process variability.