An adaptive Bayesian approach for improved sensitivity in joint monitoring of mean and variance using Max-EWMA control chart

An adaptive Bayesian approach for improved sensitivity in joint monitoring of mean and variance using Max-EWMA control chart

Abstract This article introduces an adaptive approach within the Bayesian Max-EWMA control chart framework. Various Bayesian loss functions were used to jointly monitor process deviations from the mean and variance of normally distributed processes. Our study proposes the mechanism of using a functi...

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Bibliographic Details
Main Authors: Abdullah A. Zaagan, Muhammad Noor-ul-Amin, Imad Khan, Javed Iqbal, Saddam Hussain
Format: Article
Language:English
Published: Nature Portfolio 2024-04-01
Series:Scientific Reports
Subjects:
Average run length
Adaptive Max-EWMA
Monte Carlo simulation
Joint monitoring
Control chart
Bayesian approach
Online Access:https://doi.org/10.1038/s41598-024-60625-2
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https://doi.org/10.1038/s41598-024-60625-2

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