Access the full text.
Sign up today, get DeepDyve free for 14 days.
W. Hunter, C. Kartha (1977)
Determining the Most Profitable Target Value for a Production ProcessJournal of Quality Technology, 9
TECHNICAL AIDS by Lloyd S. Nelson Best Target Value for a Production Process Symbol Definition The Example ON SIDE R individual items produced continu ously. Each item is checked to determine r Income per item from sale 37e whether it satisfies a lower specification. (For an of rejected item, less any upper specification, changes in what follows will "repair" cost be obvious.) Items passed are sold at the regular 9 Cost per unit of excess qual- SSe/lb. ity price. Items failing are either sold at a reduced price or brought up to specification, thereby incur Hunter and Kartha [1] indicate that a graphical ring a cost of fixing. If the process is set high solution for 8*/0- is convenient. They provide both enough, the chance of producing rejectable items a figure and a table of 8*/0- versus go-/(a - r), can be made essentially zero. However, this will Figure 1 has been prepared as a 4-cycle arithmetic be at the expense of producing items considerably plot to provide increased accuracy in the graphical above specification; that is, items much better determination of 8*/0-. than they have to be. The cost of this extra quality For possible use either in
Journal of Quality Technology – Taylor & Francis
Published: Apr 1, 1978
Keywords: Optimum Target Value; Process Control Economics; Process Optimization
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.