The industrial sector is considered one of the fastest-growing sources greenhouse gases, due to excessive consumption energy required cope with growing production exhaustive products. statistical process monitoring (SPM) can be an effective tool for and controlling carbon emissions from industries. This article presents economic-statistical design combined Shewhart X¯ exponentially weighted mov...

We analyze the predictive performance of various volatility models for stock returns. To compare their performance, we choose loss functions for which volatility estimation is of paramount importance. We deal with two economic loss functions (an option pricing function and an utility function) and two statistical loss functions (a goodness-of-fit measure for a Value-at-Risk (VaR) calculation an...

In many count data sets, an item may have more than one defect that causes the item to be defective. The Poisson EWMA scheme cannot be used to monitor such defects. The geometric-Poisson exponentially weighted moving average (EWMA) chart has been shown to be an effective scheme to monitor the number of defects over time. In these applications, it is assumed that the process parameters are known...

Control charts have been broadly used for monitoring the process mean and dispersion. Cumulative sum (CUSUM) and exponentially weighted moving average (EWMA) control charts are memory control charts as they utilize the past information in setting up the control structure. This makes CUSUM and EWMA-type charts good at detecting small disturbances in the process. This article proposes two new mem...

The geometric-Poisson exponentially weighted moving average (EWMA) chart has been shown to be more effective than the Poisson EWMA chart in monitoring the number of defects in the production processes. In these applications, it is assumed that the process parameters are known or have been accurately estimated. However, in practice, the process parameters are rarely known and must be estimated f...

Noise has been a primary deterrent in signal transmission which results in faulty information after signal processing, reducing their usability. It is important that signals should be free from unwanted, random variations so that the errors caused due to faulty representation of the original signal can be minimized. Digital filter describes a linear time invariant system used to perform spectra...