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Exponentially Weighted Moving Averages of Counting Processes When the Time between Events Is Weibull Distributed

Ross Stewart Sparks and Hossein Hazrati-Marangaloo

A chapter in Quality Control - Intelligent Manufacturing, Robust Design and Charts from IntechOpen

Abstract: There are control charts for Poisson counts, zero-inflated Poisson counts, and over dispersed Poisson counts (negative binomial counts) but nothing on counting processes when the time between events (TBEs) is Weibull distributed. In our experience the in-control distribution for time between events is often Weibull distributed in applications. Counting processes are not Poisson distributed or negative binomial distributed when the time between events is Weibull distributed. This is a gap in the literature meaning that there is no help for practitioners when this is the case. This book chapter is designed to close this gap and provide an approach that could be helpful to those applying control charts in such cases.

Keywords: average run length; counts; monitoring; time between events (search for similar items in EconPapers)
JEL-codes: L15 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:207366

DOI: 10.5772/intechopen.90873

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