Guaranteed conditional performance of the S2 control chart with estimated parameters
Alireza Faraz,
William H. Woodall and
C. Heuchenne
International Journal of Production Research, 2015, vol. 53, issue 14, 4405-4413
Abstract:
We evaluate the in-control performance of the S2 control chart with estimated parameters conditional on the Phase I sample. Simulation results indicate no realistic amount of Phase I data is enough to have confidence that the in-control average run length (ARL) obtained will be near the desired value. To overcome this problem, we adjust the S2 chart’s control limits such that the in-control ARL is guaranteed to be above a specified value with a certain specified probability. The required adjustment does not have too much of an adverse effect on the out-of-control performance of the chart.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:taf:tprsxx:v:53:y:2015:i:14:p:4405-4413
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DOI: 10.1080/00207543.2015.1008112
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