An Efficient Economic-Statistical Design of Simple Linear Profiles Using a Hybrid Approach of Data Envelopment Analysis, Taguchi Loss Function, and MOPSO

Statistically constrained economic design for profiles usually refers to the selection of some parameters such as the sample size, sampling interval, smoothing constant, and control limit for minimizing the total implementation cost while the designed profiles demonstrate a proper statistical perfor...

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Bibliographic Details
Published inJournal of optimization in industrial engineering Vol. 13; no. 1; pp. 99 - 112
Main Authors Maryam Fazelimoghadam, Mohammad Javad Ershadi, Seyed Taghi Akhavan Niaki
Format Journal Article
LanguageEnglish
Published Islamic Azad University, Qazvin Branch 01.03.2020
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Summary:Statistically constrained economic design for profiles usually refers to the selection of some parameters such as the sample size, sampling interval, smoothing constant, and control limit for minimizing the total implementation cost while the designed profiles demonstrate a proper statistical performance. In this paper, the Lorenzen-Vance function is first used to model the implementation costs. Then, this function is extended by the Taguchi loss function to involve intangible costs. Next, a multi-objective particle swarm optimization (MOPSO) method is employed to optimize the extended model. The parameters of the MOPSO are tuned using response surface methodology (RSM). In addition, data envelopment analysis (DEA) is employed to find efficient solutions among all near-optimum solutions found by MOPSO. Finally, a sensitivity analysis based on the principal parameters of the cost function is applied to evaluate the impacts of changes on the main parameters. The results show that the proposed model is robust on some parameters such as the cost of detecting and repairing an assignable cause, variable cost of sampling, and fixed cost of sampling.
ISSN:2251-9904
2423-3935
DOI:10.22094/joie.2019.580054.1607