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Comment on “Economically Optimum Design of Cusum Charts” by A. L. Goel and S. M. Wu

Curtis P. McLaughlin, Basheer M. Khumawala

Management Science · 1974 · Volume 21 · Issue 1

DOI: 10.1287/mnsc.21.1.115

Abstract

This note questions the authors' claim for optimality in designing cusum charts using the heuristic pattern search method.

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