On multivariate control charts
Marianne Frisén
No 2011:2, Research Reports from University of Gothenburg, Statistical Research Unit, School of Business, Economics and Law
Abstract:
Industrial production requires multivariate control charts to enable monitoring of several components. Recently there has been an increased interest also in other areas such as detection of bioterrorism, spatial surveillance and transaction strategies in finance. In the literature, several types of multivariate counterparts to the univariate Shewhart, EWMA and CUSUM methods have been proposed. We review general approaches to multivariate control chart. Suggestions are made on the special challenges of evaluating multivariate surveillance methods.
Keywords: Surveillance; monitoring; quality control; multivariate evaluation; sufficiency (search for similar items in EconPapers)
JEL-codes: C10 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2011-02-10
New Economics Papers: this item is included in nep-cis and nep-ecm
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Citations: View citations in EconPapers (1)
Published as Frisén, Marianne, 'On multivariate control charts' in Producao, 2011, pages 235-241.
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:gunsru:2011_002
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