Question: Consider the cost information given in Exercise 1 0 . 2 0 . Suppose that the process model represented by equation 1 0 . 3
Consider the cost information given in Exercise Suppose that the process model represented by equation is appropriate. It requires h to investigate a false alarm, the profit per hour of operating in the incontrol state is $ and it costs $ to eliminate the assignable cause. Evaluate the cost of the arbitrary control chart design n k and h
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