Squared Error Loss of Process Capability Indices

Chen Chung-Ho and Chou Chao-Yu
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Chen Chung-Ho: Department of Industrial Management, Southern Taiwan University of Technology, 1 Nan-Tai Street, Yung-Kang City, Tainan 710, Taiwan, Republic of China
Chou Chao-Yu: Department of Industrial Engineering and Management, National Yunlin University of Science and Technology, Touliu 640, Taiwan, Republic of China

Stochastics and Quality Control, 2001, vol. 16, issue 2, 205-209

Abstract: In this paper, we extend Johnson's work [Johnson, T. Journal of Quality Technology 24: 211-215, 1992] of formulating the relationship between process capability indices (PCI) and expected squared error losses. Moreover, a comparison is made between the expected squared error loss of PCI under the specified capability index value.

Keywords: Process Capability Indices (PCI); Target Value; Specification Limits (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1515/EQC.2001.205

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