Economic Statistical Design of Inverse Gaussian Distribution Control Charts
Description:
Statistical quality control (SQC) is one technique companies are using in the development of a Total Quality Management (TQM) culture. Shewhart control charts, a widely used SQC tool, rely on an underlying normal distribution of the data. Often data are skewed. The inverse Gaussian distribution is a probability distribution that is wellsuited to handling skewed data. This analysis develops models and a set of tools usable by practitioners for the constrained economic statistical design of contr…
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Date:
August 1990
Creator:
Grayson, James M. (James Morris)