IEEE Access (Jan 2020)

A Comparison of Shewhart-Type Time-Between-Events Control Charts Based on the Renewal Process

  • Sajid Ali,
  • Ismail Shah,
  • Lichen Wang,
  • Zhen Yue

DOI
https://doi.org/10.1109/ACCESS.2020.3003265
Journal volume & issue
Vol. 8
pp. 113683 – 113701

Abstract

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To study the high quality processes, time-between-events (TBE) control charts have several advantages over the ordinary control charts. However, the existing TBE charts are based on the exponential distribution, which limit the application of these charts to monitor rare events. Therefore, to generalize existing exponential TBE charts, recently two new TBE charts assuming Weibull and generalized exponential distributions for the inter-arrival times of the renewal process, have been proposed in the literature. The main aim of this study is to present a detailed comparison of these charts. We use the expected quadratic loss (EQL), relative average run length (RARL), continuous rank probability score (CRPS) and closeness measure to assess the performance of the Weibull and the generalized exponential charts. We also discuss four real data examples in this article.

Keywords