| Article ID: | iaor2005430 |
| Country: | United States |
| Volume: | 1 |
| Issue: | 2 |
| Start Page Number: | 343 |
| End Page Number: | 353 |
| Publication Date: | Oct 2002 |
| Journal: | Journal of Modern Applied Statistical Methods |
| Authors: | Dyer John N., Adams B. Michael, Conerly Michael D. |
| Keywords: | simulation |
Forecast-based schemes are often used to monitor autocorrelated processes, but the resulting forecast recovery has a significant effect on the performance of control charts. This article describes forecast recovery for autocorrelated processes, and the resulting simulation study is used to explain the performance of control charts applied to forecast errors.