A new hwma dispersion control chart with an application to wind farm data
Abstract
Recently, a homogeneously weighted moving average (HWMA) chart has been suggested for the efficient detection of small shifts in the process mean. In this study, we have proposed a new one-sided HWMA chart to effectively detect small changes in the process dispersion. The run-length (RL) profiles like the average RL, the standard deviation RL, and the median RL are used as the performance measures. The RL profile comparisons indicate that the proposed chart has a better performance than its existing counterpart's charts for detecting small shifts in the process dispersion. An application related to the Dhahran wind farm data is also part of this study.
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