A comparative study of various loss functions in the economic tolerance design

Jeh-Nan Pan, Jianbiao Pan

Research output: Chapter in Book/Report/Conference proceedingConference contribution

7 Citations (Scopus)

Abstract

Engineering tolerance design plays an important role in modern manufacturing. In this paper, the Kapur's model was modified so that the economic specification limits for both symmetric and asymmetric losses can be established. Three different loss functions (1) Taguchi's quadratic loss function (2) Inverted Normal Loss Function (3) Revised Inverted Normal Loss Function are compared in the economic tolerance design. The relationships between the three loss functions and process capability indices for symmetric tolerance are established. The results suggest that the revised inverted normal loss function be used in determination of economic specification limits.

Original languageEnglish
Title of host publicationICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology
Pages783-787
Number of pages5
DOIs
Publication statusPublished - 2006 Dec 1
Event2006 IEEE International Conference on Management of Innovation and Technology, ICMIT 2006 - Singapore, Singapore
Duration: 2006 Jun 212006 Jun 23

Publication series

NameICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology
Volume2

Other

Other2006 IEEE International Conference on Management of Innovation and Technology, ICMIT 2006
CountrySingapore
CitySingapore
Period06-06-2106-06-23

Fingerprint

Economics
Specifications
Tolerance
Loss function
Comparative study

All Science Journal Classification (ASJC) codes

  • Management of Technology and Innovation
  • Computer Science(all)

Cite this

Pan, J-N., & Pan, J. (2006). A comparative study of various loss functions in the economic tolerance design. In ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology (pp. 783-787). [4037125] (ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology; Vol. 2). https://doi.org/10.1109/ICMIT.2006.262327
Pan, Jeh-Nan ; Pan, Jianbiao. / A comparative study of various loss functions in the economic tolerance design. ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology. 2006. pp. 783-787 (ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology).
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Pan, J-N & Pan, J 2006, A comparative study of various loss functions in the economic tolerance design. in ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology., 4037125, ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology, vol. 2, pp. 783-787, 2006 IEEE International Conference on Management of Innovation and Technology, ICMIT 2006, Singapore, Singapore, 06-06-21. https://doi.org/10.1109/ICMIT.2006.262327

A comparative study of various loss functions in the economic tolerance design. / Pan, Jeh-Nan; Pan, Jianbiao.

ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology. 2006. p. 783-787 4037125 (ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology; Vol. 2).

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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Pan J-N, Pan J. A comparative study of various loss functions in the economic tolerance design. In ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology. 2006. p. 783-787. 4037125. (ICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology). https://doi.org/10.1109/ICMIT.2006.262327