Abstract
Montgomery and Tagaras have each presented algorithms for the optimal economic design of X̄-control charts. Generally, both algorithms are reasonably good. However, if the shift in the process mean is small, they have some drawbacks. This paper proposes an accurate and efficient algorithm to overcome these drawbacks.
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Chung, KJ. Determination of Optimal Design Parameters of an X̄ Control Chart. J Oper Res Soc 43, 1151–1157 (1992). https://doi.org/10.1057/jors.1992.181
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DOI: https://doi.org/10.1057/jors.1992.181