JSM 2004 Online Program

Abstract #300482

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Activity Number:	304
Type:	Contributed
Date/Time:	Wednesday, August 11, 2004 : 8:30 AM to 10:20 AM
Sponsor:	Section on Quality and Productivity
Abstract - #300482
Title:	Economic Design of Control Charts with Sampling Delay
Author(s):	Christopher A. Carolan*+
Companies:	East Carolina University
Address:	2707-B Richard Dr., Greenville, NC, 27834,
Keywords:	cost equation ; cost-efficient ; statistical design ; quality
Abstract:	Many authors have modeled sampling delay in development of a cost equation used to aid in the determination of an optimal (minimal cost) setting for statistical process control. However, these models fail to account for all of the consequences on the cost equation resulting from a sampling delay. A cost equation is therefore derived which accurately reflects the implications of sampling delay with regards to statistical process control. From this equation, optimal values of the process setting can be obtained.

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