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• W1601291504 abstract "Most conventional control charts focus on detecting a constant mean shift. In reality, however, it is often important to deal with situations where the mean of the monitoring sequence has a dynamic shift pattern, e.g., residuals from a time series. In these cases, the conventional control charts may perform poorly, as they do not consider the information due to what is known as “forecast recovery” contained in the patterned mean shift. This paper proposes a new weighted cumulative sum (WCUSUM) procedure for monitoring a sequence with a patterned mean shift. This method first estimates the dynamic mean of the sequence, then uses the estimates for weighting the incremental in the conventional CUSUM chart. Guidelines for designing the WCUSUM chart are proposed, and the performance is compared with that of the conventional CUSUM chart and other alternatives for detecting patterned mean shifts. It is found that the WCUSUM chart performs far superior to other charts for detecting small to moderate shifts when forecast recovery is present and performs competitively otherwise." @default.
• W1601291504 created "2016-06-24" @default.
• W1601291504 creator A5024857449 @default.
• W1601291504 creator A5076373662 @default.
• W1601291504 creator A5086791845 @default.
• W1601291504 date "2008-04-01" @default.
• W1601291504 modified "2023-10-15" @default.
• W1601291504 title "A Weighted CUSUM Chart for Detecting Patterned Mean Shifts" @default.
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• W1601291504 doi "https://doi.org/10.1080/00224065.2008.11917725" @default.
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