ECONOMIC ADJUSTMENT DESIGNS FOR (X)OVER-BAR CONTROL CHARTS

Authors
VONCOLLANI E SANIGA EM WEIGAND C
Citation
E. Voncollani et al., ECONOMIC ADJUSTMENT DESIGNS FOR (X)OVER-BAR CONTROL CHARTS, IIE transactions, 26(6), 1994, pp. 37-43
Citations number
10
Categorie Soggetti
Operatione Research & Management Science","Engineering, Industrial
Journal title
IIE transactions → ACNP
ISSN journal
0740817X
Volume
26
Issue
6
Year of publication
1994
Pages
37 - 43
Database
ISI
SICI code
0740-817X(1994)26:6<37:EADF(C>2.0.ZU;2-Q
Abstract
We develop an economic model of a process whose quality can be affecte d by an assignable cause resulting in a shift of the mean of the distr ibution of output or by incorrect adjustment of the process when it is operating according to its capability. An xOBAR-control chart is used to signal the assignable cause. The model is used to determine the pa rameters of the control chart that maximize the long term-profitabilit y of the process.