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Improved control chart performance using cautious parameter learning
April 2022 • Leo C.E. Huberts, Rob Goedhart, Ronald J. M. M. Does
Parameter estimation is an important topic in Statistical Process Monitoring, as inaccurate estimates may lead to undesirable control chart performance. Updating the control chart limits during the monitoring period reduces estimation uncertainty. However, when out-of-control situations remain undetected, using the corresponding samples to update the parameter estimates can deteriorate the control chart performance in terms of in-control and out-of-control run lengths. For this reason, updating parameter estimates…
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