DESIGN OF CUMULATIVE SUM CONTROL CHARTS BASED ON MINIMUM COST CRITERION.

Abstract

A cost model is derived for the design of cumulative sum control charts using the Average Run Length to calculate the average time of out-of-control operation. The minimum cost design is obtained by employing the 'pattern search' technique. The nature of the loss-cost surface and the effect of the design variables on the loss-cost surface are investigated. The effects of the shift parameter (delta), the average time for an assignable cause to occur (1/lambda) and the cost factors b and c on the optimum designs and the loss-cost surfaces are also evaluated by numerical examples. (Author)

Document Details

Document Type
Technical Report
Publication Date
Oct 01, 1968
Accession Number
AD0684801

Entities

People

  • A. L. Goel
  • S. M. Wu

Organizations

  • University of Wisconsin–Madison

Tags

DTIC Thesaurus Topics

  • Cooperation
  • Cost Models
  • Costs
  • Engineering
  • Industrial Engineering
  • Interdisciplinary Science
  • New York
  • Systems Engineering
  • Systems Science

Readers

  • Calculus or Mathematical Analysis
  • Regression Analysis.