This paper is concerned with a process model which combines two fields: reliability theory and statistical process control. We consider three possible states of a production process: working on high quality, working on low quality and not working. Three different control strategies are presented and investigated. An economic approach is used in order to compare them and to determine the optimal control policy.
|Title of host publication||Advances in stochastic models for reliability, quality and safety|
|Editors||W. Kahle, E.V. Collani, J. Franz, V. Jensen|
|Place of Publication||Boston|
|Number of pages||382|
|Publication status||Published - 1998|