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Abstract Details

Activity Number: 534
Type: Roundtables
Date/Time: Wednesday, August 1, 2012 : 12:30 PM to 1:50 PM
Sponsor: Quality and Productivity Section
Abstract - #304030
Title: Multivariate Process Monitoring for Nonmanufacturing Applications
Author(s): James Christian*+
Companies: SAS Institute
Address: 100 SAS Campus DR.,, Cary, NC, 27513, United States
Keywords: process control ; multivariate statistics ; applied statistics ; quality control
Abstract:

Have you wondered if multivariate process monitoring might be useful in a non-manufacturing setting? Do you have success stories to share? We will discuss emerging applications of this approach in sectors such as banking, healthcare and insurance. These applications raise questions such as how to handle categorical variables and seasonality, which are not encountered in manufacturing applications. We will discuss these issues along with benefits of multivariate process monitoring in newer settings.


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