Work

Optimal Design of One-Sided Exponential Adaptive EWMA Scheme Based on Median Run Length

Year: 2024
Type: article
Abstract: High-quality processes, characterized by low defect rates, typically exhibit an exponential distribution for time-between-events (TBE) data. To effectively monitor TBE data, one-sided exponential Adaptive Exponentially Weighted Moving Average (AEWMA) schemes are introduced. However, the run length (RL) distribution varies with the magnitude of the process mean shift, rendering the median run length (MRL) a more pertinent performance metric. This paper investigates the RL properties of one-sided exponential AEWMA schemes using a Markov chain method. An optimal design procedure based on MRL is developed to enhance the one-sided exponential AEWMA scheme. Comparative analyses reveal that the one-sided exponential AEWMA scheme provides better balanced protection against both minor and major shifts in the process mean compared to EWMA-type and Shewhart schemes. Finally, two practical case studies illustrate the application of AEWMA schemes in manufacturing.
Source: Algorithms
Language: English
Open Access status: gold
Estimated APC paid: $1,819
OpenAlex ID: W4405936853
FWCI: 0.557
Cites: 38
Cited by: 2
Related to: 10