Economic modeling for statistical process control

J. Bert Keats, Enrique Del Castillo, Elart Von Collani, Erwin M. Saniga

Research output: Contribution to journalArticlepeer-review

64 Scopus citations

Abstract

Research in the economic design of the control charts, which are the engineer's most important tool for the management of the quality of the firm's product or service is substantive, simply because it ties directly into the way actual and critical decisions are made and should made. A balance in maintenance and monitoring of the process plays a major role in the economic success of the business. Economic modeling for statistical process control is very important, when it comes to quality management and cost effectiveness of the process monitoring.

Original languageEnglish (US)
Pages (from-to)144-147
Number of pages4
JournalJournal of Quality Technology
Volume29
Issue number2
DOIs
StatePublished - Jan 1 1997

All Science Journal Classification (ASJC) codes

  • Safety, Risk, Reliability and Quality
  • Strategy and Management
  • Management Science and Operations Research
  • Industrial and Manufacturing Engineering

Fingerprint Dive into the research topics of 'Economic modeling for statistical process control'. Together they form a unique fingerprint.

Cite this