ECONOMIC AND ECONOMIC-STATISTICAL DESIGN OF FRS BAYESIAN CONTROL CHART USING MONTE CARLO METHOD AND ARTIFICIAL BEE COLONY ALGORITHM (ABC)

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Türkiye İstatistik Derneği Dergisi
Volume:8 Issue:2
ECONOMIC AND ECONOMIC-STATISTICAL DESIGN OF FRS BAYESIAN CONTROL CHART USING MONTE CARLO METHOD AND ...

ECONOMIC AND ECONOMIC-STATISTICAL DESIGN OF FRS BAYESIAN CONTROL CHART USING MONTE CARLO METHOD AND ARTIFICIAL BEE COLONY ALGORITHM (ABC)

Authors : Masoud TAVAKOLİ, Reza POURTAHERİ, Mohammad B MOGHADAM

Pages : 74-81

View : 61 | Download : 12

Publication Date : 2015-06-01

Article Type : Research Paper

Abstract :In this paper, instead of traditional statistics, the Bayesian statistic has been considered incontrol charts based on economic and economic-statistical design. Due to the fact that this statistic does nothave any speciŞed distribution, the Monte Carlo method and artiŞcial bee colony insert ignore into journalissuearticles values(ABC); algorithm have beenutilized in order to obtain design optimum parameters insert ignore into journalissuearticles values(sample size, sampling interval and control limit);. Thestudy indicates that the Bayesian statistic performance of control charts can be eﬀective in this optimizationproblem. In addition, Numerical and comparison section are presented to support this proposition
Keywords : Artificial Bee colony ABC, Algorithm, Bayesian Control Chart, Economic statistical Design, Monte Carlo Method

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