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Design and Analysis of Extended Exponentially Weighted Moving Average Signed-Rank Control Charts for Monitoring the Process Mean

Khanittha Talordphop, Yupaporn Areepong and Saowanit Sukparungsee ()
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Khanittha Talordphop: Department of Mathematics and Statistics, Faculty of Science and Agricultural Technology, Rajamangala University of Technology Lanna Phitsanulok, Phitsanulok 65000, Thailand
Yupaporn Areepong: Department of Applied Statistics, Faculty of Applied Science, King Mongkut’s University of Technology North Bangkok, Bangkok 10800, Thailand
Saowanit Sukparungsee: Department of Applied Statistics, Faculty of Applied Science, King Mongkut’s University of Technology North Bangkok, Bangkok 10800, Thailand

Mathematics, 2023, vol. 11, issue 21, 1-15

Abstract: In the real world, a nonparametric control chart is a powerful substitute for enhancing outcome quality, although the fundamental procedure characteristic often fails to match the distribution assumptions. This study aims to construct and evaluate an extended exponentially weighted moving average control chart based on signed-rank statistics (EEWMA-SR) for recognizing changes in procedures. According to the study, the proposed chart proves more potent recognition of shifts in the process mean, predominantly small shifts, than the other control charts by the average run length in Monte Carlo simulation. Applying the proposed control chart to an actual dataset yielded events that corroborated the study discoveries.

Keywords: signed-rank test; extended exponentially weighted moving average control chart; average run length; mean process; detection; nonparametric control chart (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2023
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