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Economic design of a nonparametric control chart for shift in location

    Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

    Abstract

    Most control charts economically designed rely on the assumption of normality or some specific process distribution. However, when identifying a specific distribution is not possible or unlikely as full knowledge is not available in practice, the economic effectiveness of conventional charts is very likely to be heavily discounted. In this paper, an economic model based on the Duncan-type cost function is researched on, which is applied to design a nonparametric sign chart to monitor the location parameter of a univariate process. Numerical results show that the proposed design performs fit well for various continuous distributions.
    Original languageEnglish
    Title of host publicationProceedings of the 5th International Asia Conference on Industrial Engineering and Management Innovation, IEMI 2014
    PublisherAtlantis Press
    Pages369-373
    ISBN (Print)9789462390997
    DOIs
    Publication statusPublished - 2014
    Event5th International Asia Conference on Industrial Engineering and Management Innovation, IEMI 2014 - Xi'an, China
    Duration: 21 Jul 201422 Jul 2014
    http://www.atlantis-press.com/publications/aer/iemi-14/ (unknown)

    Conference

    Conference5th International Asia Conference on Industrial Engineering and Management Innovation, IEMI 2014
    PlaceChina
    CityXi'an
    Period21/07/1422/07/14
    Internet address

    Research Keywords

    • Adaptive plug-in technique
    • Duncan-type cost function
    • Nonparametric
    • Sign statistic

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