Bayesian Monitoring of Times Between Events: The Shewhart tr-Chart. Issue 2 (1st April 2017)

• Record Type: Journal Article
• Authors: Kumar, Nirpeksh; Chakraborti, Subha
• Is Part Of: Journal of quality technology. Volume 49:Issue 2(2017)
• Page Start: 136
• Page End: 154
• Publication Date: 2017-04-01
• Subjects: Bayesian and Frequentist Control Charts -- Exponential Distribution -- Performance Metrics -- Predictive Distribution -- Prior and Posterior Distributions; Quality control -- Periodicals; Qualité -- Contrôle -- Périodiques; Quality control; Quality control; Periodicals; 620.0045
• DOI: 10.1080/00224065.2017.11917985
• Languages: English
• ISSNs: 0022-4065

Abstract

Abstract : The traditional (frequentist) tr -chart is a Shewhart-type chart useful for monitoring times between events (interarrival times) following an exponential distribution. This problem often arises in high-yield processes where the defect rate is low and hence the conventional attribute charts such as the c -chart and the u -chart are often ineffective. We consider this problem under the Bayesian framework and propose a Bayesian tr -chart when the exponential rate parameter is unknown. The Bayesian tr -chart is a Shewhart-type chart that incorporates parameter uncertainty via a prior and a posterior distribution, unlike the traditional tr -chart. The control limits are constructed from the predictive distribution of a plotting statistic. The performance of the proposed chart is evaluated and comparisons are made with the traditional tr -chart. The Bayesian chart is seen to be advantageous in certain situations. An illustrative example is given and a summary and conclusions are offered.