Construct · 1 fields · 1 citations

economic design of control charts: a standalone construct

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Quality management

choosing sample size, sampling interval and control limits of a chart to minimize the expected cost of process control.

In quality management, economic design of control charts refers to choosing sample size, sampling interval and control limits of a chart to minimize the expected cost of process control. This meaning comes from Duncan (1956) in Journal of the American Statistical Association.[1]

Unit
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Nearby constructs

association4 fields · 4 citationsjingle · one word, four constructs control4 fields · 5 citationsjingle · one word, four constructs cost4 fields · 4 citationsjingle · one word, four constructs

References

Duncan, A. J. (1956). The Economic Design of X-bar Charts Used to Maintain Current Control of a Process. Journal of the American Statistical Association, 51(274), 228-242. https://doi.org/10.1080/01621459.1956.10501322

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