Adjusted-loss-function charts with variable sample sizes and sampling intervals
Zhang Wu,
Yu Tian and
Sheng Zhang
Journal of Applied Statistics, 2005, vol. 32, issue 3, 221-242
Abstract:
Recent research has shown that the control charts with adaptive features are quicker than the traditional static Shewhart charts in detecting process shifts. This article presents the design and implementation of a control chart based on Adjusted Loss Function (AL) with Variable Sample Sizes and Sampling Intervals (VSSI). This single chart (called the VSSI AL chart) is able to monitor the process shifts in mean and variance simultaneously. Our studies show that the VSSI AL chart is not only easier to design and implement than the VSSI X & S (or X & R) charts, but is also 10% more effective than the latter in detecting the process shifts from an overall viewpoint.
Keywords: Statistical Process Control; loss function; adaptive control chart (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:taf:japsta:v:32:y:2005:i:3:p:221-242
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DOI: 10.1080/02664760500054475
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