| Article ID: | iaor1997297 |
| Country: | Serbia |
| Volume: | 5 |
| Start Page Number: | 111 |
| End Page Number: | 121 |
| Publication Date: | Sep 1995 |
| Journal: | Yugoslav Journal of Operations Research |
| Authors: | Chung Kun-Jen |
| Keywords: | production, control processes |
In 1974, Chiu employed a two-dimensional Fibonacci search to get optimum design of Cusum charts. Subsequently, Lashkari and Rahim presented an algorithm to find the design parameters of Cusum charts as well. Their algorithms are rather complicated. The main purpose of this paper is to propose a simplified, accurate and efficient solution algorithm for the economic design of Cusum charts.