Article (Scientific journals)
Guaranteed Conditional Performance of the S2 Control Chart with Estimated Parameters
Faraz, Alireza; Heuchenne, Cédric; Woodall, William
2015In International Journal of Production Research
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Keywords :
Bootstrap; Average of ARL (AARL); Average run length (ARL); Effect of estimation error; Standard deviation of ARL (SDARL)
Abstract :
[en] We evaluate the in-control performance of the S2 control chart with estimated parameters conditional on the Phase I sample. Simulation results indicate no realistic amount of Phase I data is enough to have confidence that the in-control average run length (ARL) obtained will be near the desired value. To overcome this problem, we adjust the S2 chart controls limits such that the in-control ARL is guaranteed to be above a specified value with a certain specified probability. The required adjustment does not have too much of an effect on the out-of-control performance of the chart.
Disciplines :
Quantitative methods in economics & management
Author, co-author :
Faraz, Alireza ;  Fonds de la Recherche Scientifique - F.R.S.-FNRS
Heuchenne, Cédric ;  Université de Liège - ULiège > HEC-Ecole de gestion : UER > Statistique appliquée à la gestion et à l'économie
Woodall, William;  Verginia Tech University
Language :
English
Title :
Guaranteed Conditional Performance of the S2 Control Chart with Estimated Parameters
Publication date :
January 2015
Journal title :
International Journal of Production Research
ISSN :
0020-7543
eISSN :
1366-588X
Publisher :
Taylor & Francis Ltd
Peer reviewed :
Peer Reviewed verified by ORBi
Funders :
F.R.S.-FNRS - Fonds de la Recherche Scientifique [BE]
Available on ORBi :
since 09 January 2015

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