Abstract
X-bar control charts are widely used to monitor and control business and manufacturing processes. This study considers an X-bar control chart design problem with multiple and often conflicting objectives, including the expected time the process remains in statistical control status, the type-I error, and the detection power. An integrated multi-objective algorithm is proposed for optimizing economical control chart design. We applied multi-objective optimization methods founded on the reference-points-based non-dominated sorting genetic algorithm-II (NSGA-III) and a multi-objective particle swarm optimization (MOPSO) algorithm to efficiently solve the optimization problem. Then, two different multiple criteria decision making (MCDM) methods, including data envelopment analysis (DEA) and the technique for order of preference by similarity to ideal solution (TOPSIS), are used to reduce the number of Pareto optimal solutions to a manageable size. Four DEA methods compare the optimal solutions based on relative efficiency, and then the TOPSIS method ranks the efficient optimal solutions. Several metrics are used to compare the performance of the NSGA-III and MOPSO algorithms. In addition, the DEA and TOPSIS methods are used to compare the performance of NSGA-III and MOPSO. A well-known case study is formulated and solved to demonstrate the applicability and exhibit the efficacy of the proposed optimization algorithm. In addition, several numerical examples are developed to compare the NSGA-III and MOPSO algorithms. Results show that NSGA-III performs better in generating efficient optimal solutions.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.