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Design of the Modified Bounded Adjustment Scheme with Run Rules  

박창순 (중앙대학교 수학통계학부)
정윤준 (중앙대학교 대학원 통계학과)
Publication Information
Journal of Korean Society for Quality Management / v.32, no.1, 2004 , pp. 144-154 More about this Journal
Abstract
The bounded adjustment is known to be more efficient than repeated adjustment when the cost is incurred for engineering process control. The procedure of the bounded adjustment is to adjust the process when the one-step predicted deviation exceeds the adjustment limit by the amount of the prediction. In this paper, two run rules are proposed and studied In order to improve the efficiency of the traditional bounded adjustment procedure. The efficiency is studied in terms of the standardized cost through Monte Carlo simulation when the procedure is operated with and without the run rules. The adjustment procedure operated with run rules turns out to be more robust for changes in the process and cost parameters.
Keywords
Bounded Adjustment; EWMA; MMSE; Run Rule; IMA(0,1,1); AAI; MSD;
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