article · Journal of Applied Statistics
Current monitoring technologies emphasize and address the issue of monitoring high-volume production processes. The high flexibility and diversity of current industrial production processes make monitoring technology for small batch processes even more important. In multivariate process monitoring, a broader applicability exists in multivariate coefficients of variation (MCV) based monitoring schemes due to the lower restriction of the process. In view of the effectiveness of MCV monitoring and with the aim to achieve further performance improvement of current MCV monitoring schemes in a finite horizon production, we additionally introduce two one-sided cumulative sum (CUSUM) MCV schemes. In the case of deterministic and random shifts, the design parameters of the proposed schemes are obtained via an optimization procedure designed by the Markov chain method and the corresponding performance is analysed based on different run length (RL) characteristics, including the mean and the standard deviation. Simulation comparisons with existing exponentially weighted moving average (EWMA) MCV schemes show that the proposed CUSUM MCV schemes are more efficient in monitoring most of the shifts, including the deterministic and random shifts. Finally, to demonstrate the benefits of the new monitoring schemes, a comprehensive case study on monitoring a steel sleeve manufacturing process is conducted.
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DOI: 10.1080/02664763.2024.2405111
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