Economic and economic-statistical designs of multivariate coefficient of variation chart

DOI10.57805/REVSTAT.V20I1.366MaRDI QIDQ5093365zbMATH OpenFDO

Authors Wei Chun Ng, Michael B. C. Khoo, Zhi Lin Chong, Ming Ha Lee

Publication date 26 July 2022

zbMATH Keywords

cost modeleconomic designeconomic-statistical designmultivariate coefficient of variation (MCV)

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Applications of statistics in engineering and industry; control charts (62P30) Fundamental topics (basic mathematics, methodology; applicable to economics in general) (91B02)

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Cites work

• scientific article; zbMATH DE number 861480 (Why is no real title available?)
• A Markov chain approach for double-objective economic statistical design of the variable sampling interval control chart
• A novel definition of the multivariate coefficient of variation
• Detecting a shift in variance using economically designed VSI control chart with combined attribute-variable inspection
• Economic and economic-statistical designs of auxiliary information based X¯, synthetic and EWMA charts
• Exact economic design of X¯ charts for general time in-control distributions
• One-sided synthetic control charts for monitoring the multivariate coefficient of variation
• Run-sum control charts for monitoring the coefficient of variation
• The Economic Design of Control Charts: A Unified Approach
• The Economic Design of | barX Charts used to Maintain Current Control of a Process

Cited in

(1)

• The efficiency of run rules schemes for the multivariate coefficient of variation in short runs process

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