On Determining the Optimal Sampling Frequency for Feedback Quality Control Systems

Kartha C. P. ()
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Kartha C. P.: University of Michigan-Flint Michigan, United States

Scientific Annals of Economics and Business, 2014, vol. 61, issue 1, 12

Abstract: This paper considers the choice of the most profitable sampling frequency for a feedback quality control system. It is assumed that the disturbance can be adequately modeled by a first-order Integrated Moving Average (IMA (0, 1, 1)) process. The cost model includes two terms, one for the cost of being off-target and one for the cost of sampling and adjustment. An analytical solution is obtained and the sensitivity of parameters examined

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:aicuec:v:61:y:2014:i:1:p:12:n:7

DOI: 10.2478/aicue-2014-0007

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