Economic-Statistical Design of<i>X</i>and R or<i>X</i>and S Charts

Abstract

In this paper we present a comprehensive FORTRAN program that can be used to jointly determine the parameters of X̄ charts used in combination with either R or S charts. The parameters are determined using economic, statistical, or economic- statistical design criteria. The general cost model due to Lorenzen and Vance (1986) is used in economic and economic-statistical designs.