Abstract: In this paper, the economic design of MSE control chart is extended to the multivariate case. The important feature of this control chart is that it uses the target value instead of the process mean. According to Taguchi's viewpoint, any deviation from the target value represents a kind of loss. Therefore, we construct the model of economic design by considering not only the control c...

The important of the demographic dividend to East Asian economic growth is now widely recognized. During the last four decades of the 20 Century the working age populations grew much more rapidly than the dependent populations fueling growth in per capita income. Over the coming decades, however, demographic change is seemingly unfavorable. In the coming decades the working-age populations of m...

In earlier debates on economic development, the agricultural sector’s role was somewhat controversial. While dualistic models highlighted the importance of agriculture, the mainstream literature placed a greater emphasis on the creation of a modern industrial sector. Soon agriculture disappeared from the mainstream development literature to re-emerge recently with a variety of multiple-sector g...

Control charts are powerful tools to monitor quality characteristics of services or production processes. However, in some processes, the performance of process or product cannot be controlled by monitoring a characteristic; instead, they require to be controlled by a function that usually refers as a profile. This study suggests employing exponentially weighted moving average (EWMA) and range ...

Traditionally, the statistical quality control techniques utilize either an attributes or variables product quality measure. Recently, some methods such as three-level control chart have been developed for monitoring multi attribute processes. Control chart usually has three design parameters: the sample size (n), the sampling interval (h) and the control limit coefficient (k).The design parame...

the main purpose of this paper is theoretically to design the optimal intervention in the foreign exchange market in iran, which has not been investigated by previous studies. the economic fundamentals are strongly affected by the optimal foreign exchange intervention, the consistency of foreign exchange intervention with other policies and political authorities' beliefs about the interven...

MOOCs have brought unprecedented opportunities of making high-quality courses accessible to everybody. However, from the business point of view, MOOCs are often challenged for lacking of sustainable business models, and academic research for marketing strategies of MOOCs is also a blind spot currently. In this work, we try to formulate the business models and pricing strategies in a structured ...

The design of economic regulation involves a hierarchy of choices beginning with the specification of objectives and principles and extending beyond the selection of a general method to more detailed considerations. Similarly, the implementation of a regime requires a clear appreciation of concepts that are rarely, if ever, used outside a regulatory environment. Recognising that the task of reg...

INTRODUCTION Clinical trials can offer a valuable and efficient opportunity to collect the health resource use and outcomes data for economic evaluation. However, economic and clinical studies differ fundamentally in the question they seek to answer. OBJECTIVE The design and analysis of trial-based cost-effectiveness studies require special consideration, which are reviewed in this article. ...