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 10.20. Suppose that the process model represented by equation 10.31 is appropriate. It requires 2 h to investigate a false alarm, the profit per hour of operating in the in-control state is $500, and it costs $25 to eliminate the assignable cause. Evaluate the cost of the arbitrary control chart design n=5, k =3, and h =1.

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