Optimal Screening Procedures for Improving Outgoing Quality Based on Correlated Normal Variables

  • Riew, Moon-Charn (Department of Business Administration, Korea University, Jochiwon 320) ;
  • Bai, Do-Sun (Department of Industrial Engineering, Korea Advanced Institute of Science and Technology, Seoul 131)
  • Published : 1985.06.01

Abstract

Optimal screening procedures for improving outgoing product quality based on correlated normal variables are presented. The performance variable and the screening variables are assumed to be jointly normally distributed. These procedures do not require specialized tables, and closed-form solutions are obtained for the case of one-sided specification. Methods for finding optimal solutions for the case of two-sided specifications are also considered.

Keywords