Abstract

The quality characteristic(s) are assumed to follow the normal distribution in many control chart constructions, although this assumption may not hold in some instances. This study proposes the Bayesian-I and Bayesian-II Shewhart-type control charts for monitoring the Maxwell scale parameter in the phase II study. The posterior and predictive distributions are used to construct the control limits for the proposed Bayesian-I and Bayesian-II Shewhart-type control charts, respectively. Various performance indicators, including average run length, quadratic loss, relative average run length, and performance comparison index, are utilized to evaluate the performance of the proposed control charts. The Bayesian-I and Bayesian-II Shewhart-type control charts are compared to their competitive CUSUMV, EWMAV and V control charts. Sensitivity analysis is also performed to study the effect of hyperparameter values on the performance behavior of the proposed control charts. Finally, real-life data is analyzed for the implementation of the proposed control charts.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call