Economic design of X‾ control charts with multiple assignable causes under Burr XII shock model. Issue 3 (1st February 2019)
- Record Type:
- Journal Article
- Title:
- Economic design of X‾ control charts with multiple assignable causes under Burr XII shock model. Issue 3 (1st February 2019)
- Main Title:
- Economic design of X‾ control charts with multiple assignable causes under Burr XII shock model
- Authors:
- Saadatmelli, Aitin
Moghadam, M. Bameni
Seif, Asghar
Faraz, Alireza - Abstract:
- ABSTRACT: The economic design of control charts depends on the process shock model distribution and due to difficulties from both theoretical and practical aspects, one of the proper alternatives may be the Burr XII (Burr) distribution which is quite flexible and its hazard rate can be fixed, increasing, decreasing, single mode or even U-shaped. Yet, in Burr distribution context, only one assignable cause model were considered where more realistic approach may be to consider multiple assignable causes. Thus, in this paper, an economic design of the X ‾ control charts under the Burr shock model and multiple assignable causes were considered and compared with three types of prior distribution for the mean shift parameter. Also, a numerical example and a sensitivity analysis for more illustration and studying the effect of changing parameters of the shock model distribution on the optimum values of proposed design models were conducted, respectively. The results indicate that when the prior distribution is of negative exponential distribution, the multiple assignable cause models under Burr XII (Burr) distribution have minimum loss-cost.
- Is Part Of:
- Communications in statistics. Volume 48:Issue 3(2019)
- Journal:
- Communications in statistics
- Issue:
- Volume 48:Issue 3(2019)
- Issue Display:
- Volume 48, Issue 3 (2019)
- Year:
- 2019
- Volume:
- 48
- Issue:
- 3
- Issue Sort Value:
- 2019-0048-0003-0000
- Page Start:
- 500
- Page End:
- 522
- Publication Date:
- 2019-02-01
- Subjects:
- Economic Design -- Control Chart -- Burr XII distribution -- Shock Model -- multiple assignable causes
Mathematical statistics -- Periodicals
Mathematics
Statistics
519.2 - Journal URLs:
- http://www.tandfonline.com/ ↗
- DOI:
- 10.1080/03610926.2017.1414262 ↗
- Languages:
- English
- ISSNs:
- 0361-0926
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3363.432000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 10583.xml