Economic design of moving average control chart for non-normally distributed data: a comparative study (Q2627805)

Summary: An economic cost function for moving average control chart under non-normal quality characteristic is obtained using continuous and ceased production modes. This cost function can be used to obtain optimal design parameters which minimise the loss cost per hour of the production. Burr distribution has been used to transform the non-normal data to normal. Sensitivity analysis of the economic design is also discussed. The ceased process is observed to be dominant with significant saving in the cost over the continuous process.