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Journal of Quality Technology
A Quarterly Journal of Methods, Applications and Related Topics
Volume 12, 1980 - Issue 2
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Articles

The Economic Design of Control Charts: A Review and Literature Survey

Pages 75-87 | Published online: 22 Feb 2018
 

Abstract

The design of control charts with respect to economic criteria has been the subject of considerable study during the last three decades. Several different process models have been developed and applied to most of the major types of control charts. This paper reviews and analyzes these economic decision models. Some discussion of the practical implementation of economic design procedures for control charts is also given.

Additional information

Notes on contributors

Douglas C. Montgomery

Dr. Montgomery is a professor of industrial and systems engineering. He is a member of ASQC.

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