An extension of Banerjee and Rahim's model for economic design of moving average control chart for a continuous flow process

An extension of Banerjee and Rahim's model for economic design of moving average control chart for a continuous flow process

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Article ID: iaor20032122
Country: Netherlands
Volume: 143
Issue: 3
Start Page Number: 600
End Page Number: 610
Publication Date: Dec 2002
Journal: European Journal of Operational Research
Authors: ,
Keywords: control charts
Abstract:

In this paper, we propose a model of a moving average control chart (MA control chart) with a Weibull failure mechanism from an economic viewpoint. When the process-failure mechanism follows a Weibull model or other models having increasing hazard rates, it is desirable to have the decreasing sampling interval with the age of the system. The MA control chart is used to monitor quality characteristics of raw material or products in a continuous process. A cost model utilizing a variable scheme instead of fixed sampling lengths in a continuous flow process is studied in this research. The variable sampling scheme is used to maintain a constant integrated hazard rate over each sampling interval. Optimal values for the design parameter, the moving subgroup size, the sampling interval, and the control limit coefficient are determined by minimizing the loss-cost model. The performance of the loss cost with various Weibull parameters is studied. A sensitivity analysis shows that the design parameters and loss cost depend on the model parameters and shift amounts.

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