OPTIMAL DECISION IN A STATISTICAL PROCESS CONTROL WITH CUBIC LOSS

We consider the problem of time-sampling optimization for a Statistical Process Control (SPC). The aim of this optimization is to minimize the expected loss, caused by a delay in the detection of an undesirable process change. The expected loss is chosen as a cubic polynomial function of this delay....

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Bibliographic Details
Main Authors: Glizer, V.Y (Author), Turetsky, V. (Author)
Format: Article
Language:English
Published: American Institute of Mathematical Sciences 2022
Subjects:
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