Addresses the selection of the best statistical quality control charts to use in manufacturing, and the use of buffer inventories after a process to further reduce the cost of quality. Develops cost minimization algorithms, applies them to three different control charts, and shows how the charts work best at different quality levels. Also argues that keeping a buffer inventory between the production and assembly stations reduces the cost penalty for assembling defective components. Annotation copyright Book News, Inc. Portland, Or.
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Addresses the selection of the best statistical quality control charts to use in manufacturing, and the use of buffer inventories after a process to further reduce the cost of quality. Develops cost minimization algorithms, applies them to three different control charts, and shows how the charts work best at different quality levels. Also argues th
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