One-Sided Synthetic Control Charts for Monitoring the Coefficient of Variation with Measurement Errors

© 2018 IEEE. In this paper, we present a method to monitor the coefficient of variation (CV) squared using two one-sided synthetic control charts. The numerical results show that our design outperforms the two-sided synthetic control chart monitoring the CV. The steady-state, which is have practical...

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Bibliographic Details
Main Authors: K. P. Tran, H. D. Nguyen, Q. T. Nguyen, W. Chattinnawat
Format: Conference Proceeding
Published: 2019
Subjects:
Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85061337630&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/63599
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Institution: Chiang Mai University
Description
Summary:© 2018 IEEE. In this paper, we present a method to monitor the coefficient of variation (CV) squared using two one-sided synthetic control charts. The numerical results show that our design outperforms the two-sided synthetic control chart monitoring the CV. The steady-state, which is have practical meaning in many situations, is also considered. We use a Markov chain method to evaluate the statistical performance of the proposed charts. Furthermore, the effect of measurement errors on synthetic control charts monitoring the CV squared is firstly investigated.