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Optimal Process Parameters for Multiple Characteristics with Several Objectives

Applications of Management Science

ISBN: 978-1-78714-283-1, eISBN: 978-1-78714-282-4

ISSN: 0276-8976

Publication date: 5 May 2017

Abstract

Processes, in practice, may involve more than one quality characteristic that are of interest. It is quite possible for such quality characteristics to not be independent of each other since the magnitude of one of the characteristics may influence the magnitude of the other characteristics. Under this setting, it is of interest to determine the optimal settings of the process parameters (usually the process mean and the process standard deviation of each quality characteristic) under various objectives. Some of the objectives may be conflicting to each other. In general, it may be possible for the decision-maker to prioritize the objectives. Using such a prioritized scheme, it is of interest to determine the optimal settings of the process mean and standard deviation for each quality characteristic that is being monitored. Such solutions could be labeled as “satisficing” solutions. Sensitivity analyses of the decision variables to the chosen objectives and parameter values are also investigated.

Keywords

Citation

Mitra, A. (2017), "Optimal Process Parameters for Multiple Characteristics with Several Objectives", Applications of Management Science (Applications of Management Science, Vol. 18), Emerald Publishing Limited, Bingley, pp. 109-127. https://doi.org/10.1108/S0276-897620170000018006

Publisher

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Emerald Publishing Limited

Copyright © 2017 Emerald Publishing Limited