IDEAS home Printed from https://ideas.repec.org/a/bla/jorssc/v23y1974i3p420-433.html
   My bibliography  Save this article

The Economic Design of Cusum Charts for Controlling Normal Means

Author

Listed:
  • W. K. Chiu

Abstract

This paper proposes a production model for quality surveillance, which is based on a cusum chart using the decision interval criterion. An algorithm for determining the economically optimum control parameters is presented. Some criticisms of the conventional ad hoc design of a cusum chart are made, and it is suggested that the average run lengths (ARL) at the rejectable quality level should be less than 2 when this model is applicable. A simplified version of the algorithm is also devised which gives control plans which are close to optimum. This scheme is suitable for application at the factory level. Also included is a table of ARL for some neglected, but useful, values of the decision interval and the process deviate.

Suggested Citation

  • W. K. Chiu, 1974. "The Economic Design of Cusum Charts for Controlling Normal Means," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 23(3), pages 420-433, November.
    • Handle: RePEc:bla:jorssc:v:23:y:1974:i:3:p:420-433
    DOI: 10.2307/2347134
    as

    Download full text from publisher

    File URL: https://doi.org/10.2307/2347134
    Download Restriction: no
    File URL: https://libkey.io/10.2307/2347134?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hendrikx, A.L.P.M. & Heuts, R.M.J. & Hoving, L.G., 1989. "Comparison of automatic monitoring systems in automatic forecasting," Other publications TiSEM 41b54119-da0c-4a87-bd3b-4, Tilburg University, School of Economics and Management.
    2. Hendrikx, A.L.P.M. & Heuts, R.M.J. & Hoving, L.G., 1989. "Comparison of automatic monitoring systems in automatic forecasting," Research Memorandum FEW 386, Tilburg University, School of Economics and Management.
    3. Simpson, James R. & Keats, J. Bert, 1995. "Sensitivity study of the CUSUM control chart with an economic model," International Journal of Production Economics, Elsevier, vol. 40(1), pages 1-19, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jorssc:v:23:y:1974:i:3:p:420-433. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/rssssea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.