Statistical process control and forecasting

Abstract

Explores the relationships between statistical process control (SPC) and forecasting procedures. While both procedures are often applied and used in different contexts, a careful analysis shows that they go through the same stages that culminate in process or forecast monitoring. This apparent similarity of SPC and forecasting enables a general framework to be established for model‐based SPC. Discusses some forecasting procedures applicable to SPC and underlines the importance of SPC concepts in forecasting.

Citation

Atienza, O.O., Ang, B.W. and Tang, L.C. (1997), "Statistical process control and forecasting", International Journal of Quality Science, Vol. 2 No. 1, pp. 37-51. https://doi.org/10.1108/13598539710159077