Homogeneously Weighted Moving Average Control Charts: Overview, Controversies, and New Directions
Jean-Claude Malela-Majika,
Schalk William Human,
Kashinath Chatterjee
Abstract:The homogeneously weighted moving average (HWMA) chart is a recent control chart that has attracted the attention of many researchers in statistical process control (SPC). The HWMA statistic assigns a higher weight to the most recent sample, and the rest is divided equally between the previous samples. This weight structure makes the HWMA chart more sensitive to small shifts in the process parameters when running in zero-state mode. Many scholars have reported its superiority over the existing charts when the … Show more
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