Alternative control chart constructions, Operation Management

Alternative Control Chart Constructions

In this treatment of the subject, description has been of charts with both warning and action limits, and these limits calculated with multiples of 1.96σ and 3.09σ, respectively. Some practitioners including Walter Shewhart, have argued that the coefficients imply an inappropriate degree of accuracy, and recommend that they be simplified to 2σ and 3σ. Further, in many applications the warning limits are considered to be superfluous.

Posted Date: 3/16/2013 2:06:07 AM | Location : United States

Related Discussions:- Alternative control chart constructions, Assignment Help, Ask Question on Alternative control chart constructions, Get Answer, Expert's Help, Alternative control chart constructions Discussions

Write discussion on Alternative control chart constructions
Your posts are moderated
Related Questions
What is risk? How does risk differ from uncertainty? How does it impact a business?

Why do some firms no longer rely only on competitive bidding when awarding purchase contracts?

The franchise fee is %u201Cthe one-time payment made to become a franchisee%u201D (Hatten, 2009, p. 142). Hatten also stated that %u201Csome agreements require you to have a percen

Give your assessment of the requirements for Cuba to develop a free and independent trade union. Determine if it is essential for a free society. Assess the strategy of Wal-Mart

what do you understand by line balancing what happens if balance doesn''t exist?

One of the advantages of using a project cost-duration graph is that it keeps the importance of indirect costs in the forefront of decision making (true or false)

A project consists of activities A, B, C, D, E, F, and G. The precedence relationships and the estimated times to complete each activity are given below: Activity Preceding Activit

Why is forecasting important for an organization? Which company do you believe to be successful at forecasting and why?

Define the term Economic Order Quantity. Economic Order Quantity (EOQ): A mathematical computation for a fixed quantity of inventory ordered every time which would minimi

Sawyer's a local bakery, is worried about increased costs- particularly energy. Last's records can provide a fairly good estimate of the parameters for this year. Judy Sawyer, the