Proceedings of the 3rd Annual International Conference on Management, Economics and Social Development (ICMESD 17)

Economic Design of the Special VSSI T2 Chart with Genetic Algorithms Based on Markov Chain

Authors
Li-Jun Gu, Qing-Guo Tang
Corresponding Author
Li-Jun Gu
Available Online May 2017.
DOI
10.2991/icmesd-17.2017.17How to use a DOI?
Keywords
Multivariate control chart, SVSSI, Genetic algorithms, Economic design.
Abstract

T2 control chart is widely used to monitor the multivariate process for quality improvement.In this paper, economic performance analysis on the SVSSI T2 control chart is studied. Two statuses whether the process is in control or out of control are considered to define the states of Markov Chain. And a numerical example is provided to compare the performances of three control charts in terms of AATS and EL. The results show that the performance of SVSSI control chart is better than other charts. Further, the genetic algorithm is used to search the optimal solution of the SVSSI T2 control chart.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 3rd Annual International Conference on Management, Economics and Social Development (ICMESD 17)
Series
Advances in Economics, Business and Management Research
Publication Date
May 2017
ISBN
10.2991/icmesd-17.2017.17
ISSN
2352-5428
DOI
10.2991/icmesd-17.2017.17How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Li-Jun Gu
AU  - Qing-Guo Tang
PY  - 2017/05
DA  - 2017/05
TI  - Economic Design of the Special VSSI T2 Chart with Genetic Algorithms Based on Markov Chain
BT  - Proceedings of the 3rd Annual International Conference on Management, Economics and Social Development (ICMESD 17)
PB  - Atlantis Press
SP  - 94
EP  - 99
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmesd-17.2017.17
DO  - 10.2991/icmesd-17.2017.17
ID  - Gu2017/05
ER  -