Application of Additive Exponential Distribution in Design of \(\overline{{\varvec{X}} }\) Control Chart-Statistical and Economic Perspective
摘要
Economic control charts are broadly utilized in the quality control and quality assurance of several products. The assignable cause of occurrence in these charts is generally presumed to follow either an Exponential or a Weibull distribution. But in some products, the time to happening of a known cause may be due to the sum of the occurrence times of two events, such as (i) due to mechanical failure and (ii) due to human failure. Each failure time has an Exponential distribution with different parameters. In such a case, the time taken for a known cause to occur may follow an Additive Exponential distribution. The focus of this paper is to optimize the design of the