ABSTRACT Rahim and Banerjee  developed a general model for the optimal design of x-control charts. The model minimizes the expected cost per unit time. The heart of the model is a theorem that derives the expected total cost and the expected cycle length. In this paper an alternative simple proof for the theorem is provided based on mathematical induction.
Cite this paper
M. Seliaman and S. Duffuaa, "The Principle of Mathematical Induction Applied to the Generalized Model for the Economic Design of X-Control Charts," Open Journal of Applied Sciences, Vol. 2 No. 4, 2012, pp. 236-240. doi: 10.4236/ojapps.2012.24035.
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