Abstract
Forecast-based schemes are often used to monitor autocorrelated processes, but the resulting forecast recovery has a significant effect on the performance of control charts. This article describes forecast recovery for autocorrelated processes, and the resulting simulation study is used to explain the performance of control charts applied to forecast errors.
DOI
10.22237/jmasm/1036110480
Included in
Applied Statistics Commons, Social and Behavioral Sciences Commons, Statistical Theory Commons
