The continuous monitoring of the machine is beneficial in improving its process reliability through reflected power function distribution.It is substantial for identifying and removing errors at the early stages of pr...The continuous monitoring of the machine is beneficial in improving its process reliability through reflected power function distribution.It is substantial for identifying and removing errors at the early stages of production that ultimately benefit the firms in cost-saving and quality improvement.The current study introduces control charts that help the manufacturing concerns to keep the production process in control.It presents an exponentially weighted moving average and extended exponentially weighted moving average and then compared their performance.The percentiles estimator and the modified maximum likelihood estimator are used to constructing the control charts.The findings suggest that an extended exponentially weighted moving average control chart based on the percentiles estimator performs better than exponentially weightedmoving average control charts based on the percentiles estimator and modified maximum likelihood estimator.Further,these results will help the firms in the early detection of errors that enhance the process reliability of the telecommunications and financing industry.展开更多
文摘The continuous monitoring of the machine is beneficial in improving its process reliability through reflected power function distribution.It is substantial for identifying and removing errors at the early stages of production that ultimately benefit the firms in cost-saving and quality improvement.The current study introduces control charts that help the manufacturing concerns to keep the production process in control.It presents an exponentially weighted moving average and extended exponentially weighted moving average and then compared their performance.The percentiles estimator and the modified maximum likelihood estimator are used to constructing the control charts.The findings suggest that an extended exponentially weighted moving average control chart based on the percentiles estimator performs better than exponentially weightedmoving average control charts based on the percentiles estimator and modified maximum likelihood estimator.Further,these results will help the firms in the early detection of errors that enhance the process reliability of the telecommunications and financing industry.
