An Application to Bayesian Methods in SPC

Authors:
  • PWPhilip W. Woodward
    Philip W. Woodward
  • JNJohn C. Naylor
    John C. Naylor
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Abstract
Traditional methods of statistical process control are not well suited to controlling processes for the production of only small numbers of items. A Bayesian approach to this problem is considered in which both historical data and realistic cost assessment play a part. Two methods are proposed and developed with reference to a specific application.