Article ID: | iaor1992936 |
Country: | Netherlands |
Volume: | 22 |
Issue: | 2 |
Start Page Number: | 141 |
End Page Number: | 150 |
Publication Date: | Nov 1991 |
Journal: | International Journal of Production Economics |
Authors: | Evans Gerald W., Emberton Gina R. |
In this paper, the authors develop a bicriterion approach to the design of process control charts through the use of a multi-attribute utility function. This approach accounts for both the multi-objective aspect (involving minimization of expected administrative cost and maximization of outgoing quality) and the uncertainty/risk aspect (involving uncertainty in the process output) of the problem. As such, the approach allows for several advantages over current design methodologies, including the elimination of a dichotomous view of quality. To illustrate the new methodology, the authors present a specific model for the joint design of an