@inproceedings{3a5982e993e24c7b87b6c6d74459d44f,
title = "Integration of Taguchi's loss function in the economic design of {\=x}-control charts with increasing failure rate and early replacement",
abstract = "In this paper, Taguchi's quadratic loss function is incorporated in the economic design of the control chart. This is done by redefining the in-control and out-of-control costs using Taguchi's loss function in the general model for the economic design of {\=x} -control charts developed by Banerjee and Rahim [1]. Both cases of increasing hazard rate (Weibull failure rate) and constant hazard rate (exponential distribution) will be presented and followed by numerical examples. Finally, sensitivity analysis is conducted to study the effect of important parameters on the cost. Suggestions for further research are also included.",
keywords = "Control charts, Costs, Modeling, Taguchi methods",
author = "A. Al-Ghazi and K. Al-Shareef and Duffuaa, {S. O.}",
year = "2007",
doi = "10.1109/IEEM.2007.4419384",
language = "English",
isbn = "1424415292",
series = "IEEM 2007: 2007 IEEE International Conference on Industrial Engineering and Engineering Management",
pages = "1209--1215",
booktitle = "IEEM 2007",
}