Implementing lifetime performance index for the pareto lifetime businesses of the service industries

Implementing lifetime performance index for the pareto lifetime businesses of the service industries Process capability analysis is an effective means of measuring process performance and potential capability. In the service industries, process capability indices (PCIs) are utilized to assess whether business quality meets the required level. Hence, the performance index C L is used as a means of measuring business performance, where L is the lower specification limit. In the technology of data transformation, this study constructs a uniformly minimum variance unbiased estimator (UMVUE) of C L based on the right type II censored sample from the pareto distribution. The UMVUE of C L is then utilized to develop a novel hypothesis testing procedure in the condition of known L. Finally, we give one practical example and the Monte Carlo simulation to assess the behavior of this test statistic for testing null hypothesis under given significance level. Moreover, the managers can then employ the new testing procedure to determine whether the business performance adheres to the required level. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Quality & Quantity Springer Journals

Implementing lifetime performance index for the pareto lifetime businesses of the service industries

Loading next page...
 
/lp/springer_journal/implementing-lifetime-performance-index-for-the-pareto-lifetime-XK1CUlT0kA
Publisher
Springer Netherlands
Copyright
Copyright © 2007 by Springer Science + Business Media B.V.
Subject
Social Sciences; Methodology of the Social Sciences; Social Sciences, general
ISSN
0033-5177
eISSN
1573-7845
D.O.I.
10.1007/s11135-007-9110-6
Publisher site
See Article on Publisher Site

Abstract

Process capability analysis is an effective means of measuring process performance and potential capability. In the service industries, process capability indices (PCIs) are utilized to assess whether business quality meets the required level. Hence, the performance index C L is used as a means of measuring business performance, where L is the lower specification limit. In the technology of data transformation, this study constructs a uniformly minimum variance unbiased estimator (UMVUE) of C L based on the right type II censored sample from the pareto distribution. The UMVUE of C L is then utilized to develop a novel hypothesis testing procedure in the condition of known L. Finally, we give one practical example and the Monte Carlo simulation to assess the behavior of this test statistic for testing null hypothesis under given significance level. Moreover, the managers can then employ the new testing procedure to determine whether the business performance adheres to the required level.

Journal

Quality & QuantitySpringer Journals

Published: May 30, 2007

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve Freelancer

DeepDyve Pro

Price
FREE
$49/month

$360/year
Save searches from
Google Scholar,
PubMed
Create lists to
organize your research
Export lists, citations
Read DeepDyve articles
Abstract access only
Unlimited access to over
18 million full-text articles
Print
20 pages/month
PDF Discount
20% off