Viability and capability indexes for multiresponse processes
Alan Veevers
Journal of Applied Statistics, 1998, vol. 25, issue 4, 545-558
Abstract:
The viability index Vr is introduced as an intuitively appealing measure of the capability potential of a process. It is related to the well-known index Cp but has some advantages over it. The statistical properties of Vr are readily obtainable and, unlike Cp, it extends naturally to multi-response processes. The multivariate viability index Vrn is defined, discussed and illustrated using an example from the minerals sector.
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:taf:japsta:v:25:y:1998:i:4:p:545-558
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DOI: 10.1080/02664769823016
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