Journal of Applied Statistics · 2020 · 27 citations · 29 references
ComputingComputer ScienceProcess ControlStochastic ProcessesTime Series AnalysisControl ChartsMonte Carlo MethodsMonte Carlo SimulationStatistical Process ControlControl ChartingExponential Weighted Moving AverageExponentially Weighted Moving Average ChartsGamma Distribution ModelsProcess Control ChartsProcess Mean ShiftRun Length AnalysisWeibull Model
) is used as positively skewed distribution and Weibull distribution with unit scale parameter and various shape parameters (i.e. 10 and 20) is used as negatively skewed distribution. We use Monte Carlo simulations to check whether the process is out of control. We use average run length as a tool to find the ability of proposed control charts to identify a shift earlier in a process, as compared to other control charts currently used to monitor the same type of process. The proposed control charts are applied to two real datasets.
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