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New Results in Economic Statistical Quality Control

New Results in Economic Statistical Quality Control Abstract In previous papers, a new adaptive sampling method was presented for application in the economic statistical control context. By means of an economic model, an optimal solution can be defined. The results obtained previously indicate that the approach might be more useful than both the fixed-sampling-intervals and variable-sampling-intervals approaches. In this paper, further results together with new simple approximations are presented and analyzed. In the light of previous results, the main conclusion is that the new approach seems to be useful for practical purposes as it is comparatively simple and also allows for some reductions in terms of the total expected costs per cycle. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economic Quality Control de Gruyter

New Results in Economic Statistical Quality Control

Economic Quality Control , Volume 22 (1) – Apr 1, 2007

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Publisher
de Gruyter
Copyright
Copyright © 2007 by the
ISSN
1869-6147
eISSN
1869-6147
DOI
10.1515/EQC.2007.41
Publisher site
See Article on Publisher Site

Abstract

Abstract In previous papers, a new adaptive sampling method was presented for application in the economic statistical control context. By means of an economic model, an optimal solution can be defined. The results obtained previously indicate that the approach might be more useful than both the fixed-sampling-intervals and variable-sampling-intervals approaches. In this paper, further results together with new simple approximations are presented and analyzed. In the light of previous results, the main conclusion is that the new approach seems to be useful for practical purposes as it is comparatively simple and also allows for some reductions in terms of the total expected costs per cycle.

Journal

Economic Quality Controlde Gruyter

Published: Apr 1, 2007

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