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Economically Optimal Determination of the Parameters of Cusum Charts

Economically Optimal Determination of the Parameters of Cusum Charts In 1973, Goel and Wu presented an algorithm for the economic design of cusum charts to control the mean of a process with a normally distributed quality characteristic. They employed the twodimensional pattern search technique to determine the optimal values of the sample size, the sampling interval and the decision limit. Proposes a search algorithm required to use the onedimensional pattern search technique to get the optimal values of design parameters instead of the twodimensional pattern search technique. So, our search algorithm is not only accurate and efficient but also simpler to solve than that of Goel and Wu. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Quality & Reliability Management Emerald Publishing

Economically Optimal Determination of the Parameters of Cusum Charts

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0265-671X
DOI
10.1108/02656719210018561
Publisher site
See Article on Publisher Site

Abstract

In 1973, Goel and Wu presented an algorithm for the economic design of cusum charts to control the mean of a process with a normally distributed quality characteristic. They employed the twodimensional pattern search technique to determine the optimal values of the sample size, the sampling interval and the decision limit. Proposes a search algorithm required to use the onedimensional pattern search technique to get the optimal values of design parameters instead of the twodimensional pattern search technique. So, our search algorithm is not only accurate and efficient but also simpler to solve than that of Goel and Wu.

Journal

International Journal of Quality & Reliability ManagementEmerald Publishing

Published: Jun 1, 1992

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