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Earned duration management (EDM) is a methodology for project schedule management (PSM) that can be considered an alternative to earned value management (EVM). EDM provides an estimation of deviations in schedule and a final project…

General Economics · Economics 2024-06-05 Fernando Acebes , David Poza , Jose Manuel Gonzalez-Varona , Adolfo Lopez-Paredes

The aim of this paper is to describe a new an integrated methodology for project control under uncertainty. This proposal is based on Earned Value Methodology and risk analysis and presents several refinements to previous methodologies.…

Risk Management · Quantitative Finance 2024-06-06 Fernando Acebes , M Pereda , David Poza , Javier Pajares , Jose M Galan

Most statistical process control programmes in healthcare focus on surveillance of outcomes at the final stage of a procedure, such as mortality or failure rates. Such an approach ignores the multi-stage nature of these procedures, in which…

Methodology · Statistics 2020-06-29 Doaa Ayad , Nokuthaba Sibanda

This paper exploits the Duration-of-Use of the demand patterns as a key concept for dealing with demand side flexibility. Starting from the consideration that fine-grained energy metering is not used at the point of supply of the…

Systems and Control · Electrical Eng. & Systems 2020-04-21 Gianfranco Chicco , Andrea Mazza

To use control charts in practice, the in-control state usually has to be estimated. This estimation has a detrimental effect on the performance of control charts, which is often measured for example by the false alarm probability or the…

Methodology · Statistics 2013-07-30 Axel Gandy , Jan Terje Kvaløy

A scope in quality control, which has recently received a great deal of attention is profile that characterizes the quality of a product or process by a relationship between two or more variables. In this paper, we propose an EWMA chart for…

Applications · Statistics 2019-11-12 Seyed Nasser Moosavi , Mohammad Saleh Owlia , Ashkan Khalifeh

A multivariate dispersion control chart monitors changes in the process variability of multiple correlated quality characteristics. In this article, we investigate and compare the performance of charts designed to monitor variability based…

Methodology · Statistics 2019-06-20 Jimoh Olawale Ajadi , Inez Maria Zwetsloot

Many extensions and modifications have been made to standard process monitoring methods such as the exponentially weighted moving average (EWMA) chart and the cumulative sum (CUSUM) chart. In addition, new schemes have been proposed based…

In statistical process control Weibull distribution can be used to model the time between events or failures (TBE) in a process with increasing decreasing or constant failure rates. Specifically it helps in monitoring processes where the…

Applications · Statistics 2025-08-11 Tanuja Negi

Accurate forecasts of macroeconomic and financial data, such as GDP, CPI, unemployment rates, and stock indices, are crucial for the success of countries, businesses, and investors, resulting in a constant demand for reliable forecasting…

Methodology · Statistics 2025-10-27 Tomasz M. Łapiński , Krzysztof Ziółkowski

In recent years, the monitoring of compositional data using control charts has been investigated in the Statistical Process Control field. In this study, we will design a Phase II Multivariate Exponentially Weighted Moving Average (MEWMA)…

Applications · Statistics 2022-03-30 Thi Thuy Van Nguyen , Cédric Heuchenne , Kim Phuc Tran

In practice, there are processes where the in-control mean and standard deviation of a quality characteristic is not stable. In such cases, the coefficient of variation (CV) is a more appropriate measure for assessing process stability. In…

Applications · Statistics 2020-01-22 P. H. Tran , A. C. Rakitzis , H. D. Nguyen , Q. T. Nguyen , K. P. Tran , C. Heuchenne

Monitoring a process over time is so important in manufacturing processes to reduce the waste of money and time. Some charts as Shewhart, CUSUM, and EWMA are common to monitor a process with a single intended attribute which is used in…

A wide range of approaches for batch processes monitoring can be found in the literature. This kind of process generates a very peculiar data structure, in which successive measurements of many process variables in each batch run are…

Methodology · Statistics 2021-09-03 Batista Nunes de Oliveira , Marcio Valk , Danilo Marcondes Filho

Monitoring binomial proportions across multiple independent streams is a critical challenge in Statistical Process Control (SPC), with applications from manufacturing to cybersecurity. While EWMA charts offer sensitivity to small shifts,…

Machine Learning · Statistics 2026-04-15 Faruk Muritala , Austin Brown , Dhrubajyoti Ghosh , Sherry Ni

In this work, we study the performance of two-sided EWMA charts for monitoring double bounded processes using individual observations. Specifically, the term double bounded refers to observations in the interval (0, 1) and thus, these…

Applications · Statistics 2022-06-17 Argyro Lafatzi , Athanasios Rakitzis

In this paper we present a new approach to control variates for improving computational efficiency of Ensemble Monte Carlo. We present the approach using simulation of paths of a time-dependent nonlinear stochastic equation. The core idea…

Computational Engineering, Finance, and Science · Computer Science 2008-09-25 T. Borogovac , F. J. Alexander , P. Vakili

The monitoring of serially independent or autocorrelated count processes is considered, having a Poisson or (negative) binomial marginal distribution under in-control conditions. Utilizing the corresponding Stein identities, exponentially…

Methodology · Statistics 2024-01-23 Christian H. Weiß

Conversion rate (CVR) prediction is one of the most critical tasks for digital display advertising. Commercial systems often require to update models in an online learning manner to catch up with the evolving data distribution. However,…

Machine Learning · Computer Science 2021-07-19 Jia-Qi Yang , Xiang Li , Shuguang Han , Tao Zhuang , De-Chuan Zhan , Xiaoyi Zeng , Bin Tong

Improving the controllability of power networks is crucial as they are highly complex networks operating in synchrony; even minor perturbations can cause desynchronization and instability. To that end, one needs to assess the criticality of…

Systems and Control · Electrical Eng. & Systems 2025-05-16 MirSaleh Bahavarnia , Muhammad Nadeem , Ahmad F. Taha
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