Timely decision making is critical in today’s competitive business world and in recent times, data warehousing has been employed by numerous companies to satisfy the needs of accurate and timely information. Data warehousing has traditionally been employed for financial and customer...

To integrate condition monitoring and reliability analysis with asset life-cycle management, a general-purpose asset health assessment system architecture is being developed. This system will assist management and maintenance staff to make decisions based on condition and reliability data,...

Condition monitoring systems are prevalent in industries that contain critical assets. Their use allows the detection of potential failures at an early stage in order to minimise downtime and maintenance costs of a system. Many condition monitoring systems are commercially available, however...

Recent research has shown that the control charts with adaptive features are quicker than the traditional static Shewhart charts in detecting process shifts. This article presents the design and implementation of a control chart based on Adjusted Loss Function (AL) with Variable Sample Sizes and...