Article ID: | iaor201523842 |
Volume: | 30 |
Issue: | 5 |
Start Page Number: | 645 |
End Page Number: | 655 |
Publication Date: | Jul 2014 |
Journal: | Quality and Reliability Engineering International |
Authors: | Noorossana R, Niaki S T A, Ershadi M J |
Keywords: | statistics: inference, economics, statistics: sampling |
In economic design of profiles, parameters of a profile are determined such that the total implementation cost is minimized. These parameters consist of the number of set points, n, the interval between two successive sampling, h, and the parameters of a control chart used for monitoring. In this paper, the Lorenzen–Vance cost function is extended to model the costs associated with implementing profiles. The in‐control and the out‐of‐control average run lengths, ARL