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Chapter 10 Problem 21e Solution 9781119723097

This document provides step-by-step working to calculate key parameters for a control chart design with specific values of k=3, δ=2, and n=5. It first finds the ARL, ARL0, and expected number of false alarms. It then uses Excel to calculate the expected loss based on entering values for the problem into predefined cells, with the expected loss value being $250.

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Wanda 91
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47 views2 pages

Chapter 10 Problem 21e Solution 9781119723097

This document provides step-by-step working to calculate key parameters for a control chart design with specific values of k=3, δ=2, and n=5. It first finds the ARL, ARL0, and expected number of false alarms. It then uses Excel to calculate the expected loss based on entering values for the problem into predefined cells, with the expected loss value being $250.

Uploaded by

Wanda 91
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Chapter 10, Problem 21E (0)

Step-by-step solution Show all steps

Step 1/5

Find the cost associated with the arbitary control chart design , , and .

Here, , , and . Thus, the risk for this control chart is .

Compute .

The general formula for is given by,

Substitute 3 for k, 2 for , and 5 for n in the above equation.

Thus, the value of is .

Step 2/5

Find .

Thus, the value of is .

Step 3/5

Find the expected value of false alarm.

Thus, the expected value of false alarm is .

Step 4/5

Find expected loss .

Use Excel to compute the expected loss.

Excel procedure:

Step 1: Name the cell A1 as Lambda and enter 0.01 in cell A2.

Step 2: Name the cell B1 as Delta and enter 2 in cell B2.

Step 3: Name the cell C1 as and enter 0.5 in cell C2.

Step 4: Name the cell D1 as and enter 0.1 in cell D2.

Step 5: Name the cell E1 as and enter 5 in cell E2.

Step 6: Name the cell F1 as and enter 2.5 in cell F2.

Step 7: Name the cell G1 as and enter 100 in cell G2.

Step 8: Name the cell H1 as g and enter 0.05 in cell H2.

Step 9: Name the cell I1 as and enter 2 in cell I2.

Step 10: Name the cell J1 as and enter 2 in cell J2.

Step 11: Name the cell K1 as and enter 500 in cell K2.

Step 12: Name the cell L1 as DELTA and enter 25 in cell L2.

Step 5/5
p

Step 13: Name the cell A4 as n and enter 5 in cell A5.

Step 14: Name the cell B4 as k and enter 3 in cell B5.

Step 15: Name the cell C4 as h and enter 1 in cell C5.

Step 16: Name the cell D4 as alpha and enter 0.0027 in cell D5.

Step 17: Name the cell E4 as and apply “=1–0.0705” to obtain the value of power.

Step 18: Name the cell F4 as and enter 0.4992 in cell F5.

Step 19: Name the cell G4 as false alarm and enter 0.27 in cell G5.

Step 20: Name the cell H4 as numerator and apply “=(C2-D2*A5)*(1/A2+C5/E5–F5)/C5+F2+L2+G5*


(K2*J2+E2)+K2*J2+G2*(C5/E5–F5)” in cell H5.

Step 21: Name the cell I4 as denominator and apply “=1/A2+C5/E5–F5+J2*G5+I2” in cell I5.

Step 22: Name the cell J4 as E(L) and apply “=H5/I5” in cell J5 to obtain the expected loss value.

Thus, the value of expected loss obtained from EXCEL is .

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