scholarly journals Monitoring Blockchain Cryptocurrency Transactions to Improve the Trustworthiness of the Fourth Industrial Revolution (Industry 4.0)

Algorithms ◽  
2020 ◽  
Vol 13 (12) ◽  
pp. 312
Author(s):  
Kamyar Sabri-Laghaie ◽  
Saeid Jafarzadeh Ghoushchi ◽  
Fatemeh Elhambakhsh ◽  
Abbas Mardani
Keyword(s):  
Control Chart ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Average Run Length ◽  
Moving Average ◽  
Abnormal Behavior ◽  
Smart Devices ◽  
Tensor Model ◽  
Blockchain Technology ◽  
Mewma Control Chart

A completely new economic system is required for the era of Industry 4.0. Blockchain technology and blockchain cryptocurrencies are the best means to confront this new trustless economy. Millions of smart devices are able to complete transparent financial transactions via blockchain technology and its related cryptocurrencies. However, via blockchain technology, internet-connected devices may be hacked to mine cryptocurrencies. In this regard, monitoring the network of these blockchain-based transactions can be very useful to detect the abnormal behavior of users of these cryptocurrencies. Therefore, the trustworthiness of the transactions can be assured. In this paper, a novel procedure is proposed to monitor the network of blockchain cryptocurrency transactions. To do so, a hidden Markov multi-linear tensor model (HMTM) is utilized to model the transactions among nodes of the blockchain network. Then, a multivariate exponentially weighted moving average (MEWMA) control chart is applied to the monitoring of the latent effects. Average run length (ARL) is used to evaluate the performance of the MEWMA control chart in detecting blockchain network anomalies. The proposed procedure is applied to a real dataset of Bitcoin transactions.

scholarly journals PENERAPAN METODE PENGENDALIAN KUALITAS MEWMA BERDASARKAN ARL DENGAN PENDEKATAN RANTAI MARKOV (Studi Kasus: Batik Semarang 16, Meteseh)

2021 ◽  
Vol 10 (1) ◽  
pp. 125-135
Author(s):  
Enggartya Andini ◽  
Sudarno Sudarno ◽  
Rita Rahmawati
Keyword(s):  
Markov Chain ◽  
Production Process ◽  
Control Chart ◽  
Average Run Length ◽  
Moving Average ◽  
Control Limit ◽  
Quality Characteristic ◽  
Markov Chain Approach ◽  
Mewma Control Chart ◽  
Weighted Moving Average

An industrial company requires quality control to maintain quality consistency from the production results so that it is able to compete with other companies in the world market. In the industrial sector, most processes are influenced by more than one quality characteristic. One tool that can be used to control more than one quality characteristic is the Multivariate Exponentially Weighted Moving Average (MEWMA) control chart. The graph is used to determine whether the process has been controlled or not, if the process is not yet controlled, the next analysis that can be used is to use the Average Run Length (ARL) with the Markov Chain approach. The markov chain is the chance of today's event is only influenced by yesterday's incident, in this case the chance of the incident in question is the incident in getting a sampel of data on the production process of batik cloth to get a product that is in accordance with the company standards. ARL is the average number of sample points drawn before a point indicates an uncontrollable state. In this study, 60 sample data were used which consisted of three quality characteristics, namely the length of the cloth, the width of the cloth, and the time of the fabric for the production of written batik in Batik Semarang 16 Meteseh. Based on the results and discussion that has been done, the MEWMA controller chart uses the λ weighting which is determined using trial and error. MEWMA control chart can not be said to be stable and controlled with λ = 0.6, after calculating, the value is obtained Upper Control Limit (BKA) of 11.3864 and Lower Control Limit (BKB) of 0. It is known that from 60 data samples there is a Tj2 value that comes out from the upper control limit (BKA) where the amount of 15.70871, which indicates the production process is not controlled statistically. Improvements to the MEWMA controller chart can be done based on the ARL with the Markov Chain approach. In this final project, the ARL value used is 200, the magnitude of the process shift is 1.7 and the r value is 0.28, where the value of r is a constant obtained on the r parameter graph. The optimal MEWMA control chart based on ARL with the Markov Chain approach can be said to be stable and controlled if there is no Tj2 value that is outside the upper control limit (BKA). The results of the MEWMA control chart based on the ARL with the Markov Chain approach show that the process is not statistically capable because the MCpm value is 0.516797 and the MCpmk value is 0.437807, the value indicates a process capability index value of less than 1. Keywords: Handmade batik, Multivariate Exponentially Weighted Moving Average (MEWMA), Average Run Length (ARL), Capability process.

An EWMA control chart based on the Wilcoxon rank-sum statistic using repetitive sampling

2018 ◽  
Vol 35 (3) ◽  
pp. 711-728 ◽  
Author(s):  
Jean-Claude Malela-Majika ◽  
Olatunde Adebayo Adeoti ◽  
Eeva Rapoo
Keyword(s):  
Control Chart ◽  
Average Run Length ◽  
Moving Average ◽  
Location Parameter ◽  
Process Mean ◽  
Content Type ◽  
Underlying Process ◽  
Run Length ◽  
Design And Implementation ◽  
Ewma Control Chart

Purpose The purpose of this paper is to develop an exponentially weighted moving average (EWMA) control chart based on the Wilcoxon rank-sum (WRS) statistic using repetitive sampling to improve the sensitivity of the EWMA control chart to process mean shifts regardless of the prior knowledge of the underlying process distribution. Design/methodology/approach The proposed chart is developed without any distributional assumption of the underlying quality process for monitoring the location parameter. The authors developed formulae as well as algorithms to facilitate the design and implementation of the proposed chart. The performance of the proposed chart is investigated in terms of the average run-length, standard deviation of the run-length (RL), average sample size and percentiles of the RL distribution. Numerical examples are given as illustration of the design and implementation of the proposed chart. Findings The proposed control chart presents very attractive RL properties and outperforms the existing nonparametric EWMA control chart based on the WRS in the detection of the mean process shifts in many situations. However, the performance of the proposed chart relatively deteriorates for small phase I sample sizes. Originality/value This study develops a new control chart for monitoring the process mean using a two-sample test regardless of the nature of the underlying process distribution. The proposed control chart does not require any assumption on the type (or nature) of the process distribution. It requires a small number of subgroups in order to reach stability in the phase II performance.

scholarly journals The Expected Average Run Length of the EWMA Median Chart with Estimated Process Parameters

2020 ◽  
Vol 49 (3) ◽  
pp. 19-24
Author(s):  
Huay Woon You ◽  
Michael Khoo Boon Chong ◽  
Chong Zhi Lin ◽  
Teoh Wei Lin
Keyword(s):  
Phase I ◽  
Control Chart ◽  
Process Parameters ◽  
Average Run Length ◽  
Moving Average ◽  
Background Knowledge ◽  
Exponentially Weighted Moving Average ◽  
Control Phase ◽  
Run Length ◽  
Weighted Moving Average

The performance of a control chart is commonly investigated based on the assumption of known process parameters. Nevertheless, in most manufacturing and service applications, the process parameters are usually unknown to practitioners. Hence, they are estimated from an in-control Phase-I samples. As such, the performance of the control chart with estimated process parameters will behave differently from the corresponding chart with known process parameters. To study this issue, the exponentially weighted moving average (EWMA) median chart is examined in this article. The EWMA median chart is traditionally investigated based on the average run length (ARL). The limitation of the ARL is that it requires practitioners to specify the shift size in advance. This phenomenon is not ideal for practitioners who do not have background knowledge of the process. In view of this, the EWMA median chart with known and estimated process parameters is studied based on the ARL and expected average run length (EARL). The results indicate that as long as the particular shift size is within the range of shifts, the performance of the chart is almost the same, for the EWMA median chart with known and estimated process parameters.

Design of a Variable Sampling Interval EWMA Median Control Chart

2019 ◽  
Vol 26 (05) ◽  
pp. 1950021 ◽  
Author(s):  
Kim Phuc Tran ◽  
Philippe Castagliola ◽  
Thi Hien Nguyen ◽  
Anne Cuzol
Keyword(s):  
Control Chart ◽  
Control Charts ◽  
Food Production ◽  
Average Run Length ◽  
Moving Average ◽  
Sampling Interval ◽  
Performance Comparison ◽  
Variable Sampling Interval ◽  
Variable Sampling ◽  
Weighted Moving Average

In the literature, median type control charts have been widely investigated as easy and efficient means to monitor the process mean when observations are from a normal distribution. In this work, a Variable Sampling Interval (VSI) Exponentially Weighted Moving Average (EWMA) median control chart is proposed and studied. The Markov chains are used to calculate the average run length to signal (ARL). A performance comparison with the original EWMA median control chart is made. The numerical results show that the proposed chart is considerably more effective as it is faster in detecting process shifts. Finally, the implementation of the proposed chart is illustrated with an example in food production process.

Sign in / Sign up

Export Citation Format

Share Document