Taguchi’s Loss Function Approach to Economic Design of Rectifying Single Sampling Plan by Variable with Asymmetric Quality Cost

dc.contributor.authorBanjoko, A. W.
dc.contributor.authorOyeyemi, G. M
dc.date.accessioned2019-10-16T12:42:24Z
dc.date.available2019-10-16T12:42:24Z
dc.date.issued2013
dc.description.abstractThe quadratic Taguchi (quality) loss function has been given wide attention in the application of statistical (Economic) process control, which in most cases is always aimed at obtaining optimal setting for a process. This article is an extension of Chung-Ho Chen (2005) and focuses on the use of Taguchi loss function with truncated normal probability density function in designing optimal inspection policy and economic specification limits for rectifying single sampling plan by variable with unequal quality costsen_US
dc.identifier.urihttp://hdl.handle.net/123456789/2623
dc.language.isoenen_US
dc.publisherCentre point Journal (Science Edition), University of Ilorinen_US
dc.subjectRectifying Single Sampling plan (RSSP)en_US
dc.subjectTaguchi’s Loss functionen_US
dc.subjectTarget valueen_US
dc.subjectSpecification limitsen_US
dc.subjectCost of scrap,en_US
dc.subjectCost of reworken_US
dc.subjectCost of Inspectionen_US
dc.titleTaguchi’s Loss Function Approach to Economic Design of Rectifying Single Sampling Plan by Variable with Asymmetric Quality Costen_US
dc.typeArticleen_US

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