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Economic Process Control

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  • B.F. Arnold
  • E. von Col Iani

Abstract

A simple method is developed how to determine a nearly optimal economic sampling design tor current process control. A comparison between Shewhart and non Shewhart techniques reveals that under the assumptions of a normally distributed quality characteristic and an exponentially distributed time of production in the state of control the superiority of non Shewhart techniques is in general of no importance.

Suggested Citation

  • B.F. Arnold & E. von Col Iani, 1987. "Economic Process Control," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 41(2), pages 89-97, June.
  • Handle: RePEc:bla:stanee:v:41:y:1987:i:2:p:89-97
    DOI: 10.1111/j.1467-9574.1987.tb01175.x
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