Proposes a renewal theory approach to derive the cost model for two dependent processes. Thus, constructs the economic individual X chart and causeselecting chart to monitor the two processes. They may be used to maintain the process with minimum cost and effectively distinguish which component of the processes is out of control. The optimal design parameters of these control charts can be determined by minimizing the cost model using a simple grid search method. Gives an example to illustrate the design procedure and application of the economic individual X chart and causeselecting chart.
International Journal of Quality & Reliability Management – Emerald Publishing
Published: Aug 1, 1997
Keywords: Control charts; Cost effectiveness; Design; Optimization techniques
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