دورية أكاديمية
Double Objective Economic Statistical Design of the VP T^{2} Control Chart: Wald’s identity approach
| العنوان: | Double Objective Economic Statistical Design of the VP T^{2} Control Chart: Wald’s identity approach |
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| المؤلفون: | Faraz, Alireza, Heuchenne, Cédric, Saniga, Erwin, Costa, Antonio |
| المساهمون: | UCL - SSH/IMMAQ/ISBA - Institut de Statistique, Biostatistique et Sciences Actuarielles |
| المصدر: | Journal of Statistical Computation and Simulation, Vol. 84, p. 2123-2137 (2014) |
| بيانات النشر: | Taylor & Francis Ltd. |
| سنة النشر: | 2014 |
| المجموعة: | DIAL@UCL (Université catholique de Louvain) |
| مصطلحات موضوعية: | Adjusted average time to signal, Variable parameters, Economic statistical design, Wald, Multi-objective genetic algorithm, Hotelling |
| الوصف: | Research has shown that applying the T^{2} control chart by using a variable parameters (VP) scheme yields rapid detection of out-of-control states. In this paper, the problem of economic statistical design of the VP T^{2} control chart is considered as a double-objective minimization problem with the statistical objective being the adjusted average time to signal and the economic objective being expected cost per hour. We then find the Pareto-optimal designs in which the two objectives are met simultaneously by using a multi-objective genetic algorithm. Through an illustrative example, we show that relatively large benefits can be achieved by applying the VP scheme when compared with usual schemes, and in addition, the multi-objective approach provides the user with designs that are flexible and adaptive. |
| نوع الوثيقة: | article in journal/newspaper |
| اللغة: | Ndonga |
| تدمد: | 0094-9655 1563-5163 |
| العلاقة: | info:eu-repo/grantAgreement/Belgium; BELSPO/IAP P7/06/; info:eu-repo/grantAgreement/Belgium; French-speaking community/ARC 11/16-039/; boreal:142812; http://hdl.handle.net/2078.1/142812Test; urn:ISSN:0094-9655; urn:EISSN:1563-5163 |
| DOI: | 10.1080/00949655.2013.784315 |
| الإتاحة: | https://doi.org/10.1080/00949655.2013.784315Test http://hdl.handle.net/2078.1/142812Test |
| حقوق: | info:eu-repo/semantics/restrictedAccess |
| رقم الانضمام: | edsbas.EB6BF933 |
| قاعدة البيانات: | BASE |
| تدمد: | 00949655 15635163 |
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| DOI: | 10.1080/00949655.2013.784315 |