Minimizing The Cost of an Integrated Model by EWMA Control Chart
Keywords:
Integrated model, EWMA control chart, SPC, PMAbstract
Two key tools for process management are statistical process control (SPC) and maintenance management (MM). An economic model can be created when they are coordinated. This paper studied the exponentially weighted moving average (EWMA) control chart of SPC and planned maintenance, as well comparing the optimal values of an X-bar control chart and an EWMA control chart. A mathematical model was developed to analyze the cost computed from the EWMA control chart. This was used to find the optimal values of variable parameters (n*,h*,L*,k*) that minimized the hourly cost.
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online 2452-316X print 2468-1458/Copyright © 2022. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/),
production and hosting by Kasetsart University of Research and Development Institute on behalf of Kasetsart University.