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Multivariate autoregressive (MAR) models are an attractive choice for applications in the processes related to finance, medical, and industry. For the monitoring of such processes, control chart is the most important and widely used tool of statistical process control tool kit. Moreover, the presence of auxiliary information helps in better estimation of different process parameters. The literature on use of auxiliary variables in control charts assumes independence of observations. In practice, we may come across processes dealing with autocorrelated outcomes. In such situations, a control chart usually produces high false alarms and exhibits slow detection of shifts when the process is out-of-control. This study intends to suggest some auxiliary information-based Shewhart charts for autocorrelated univariate and bivariate AR(1) processes. The proposed structures take into account the autocorrelation structure and offer more effective designs of control charts for efficient process monitoring. The performance measures used in this study are based on run length measures such as average run length, extra quadratic loss, relative average run length and performance comparison index. A detailed performance analysis is carried out to sort out the best performing charts. In addition, we have considered an application from a manufacturing process to demonstrate the implementation of the proposed charting structures in real scenario. [ABSTRACT FROM AUTHOR]

Control charts act as the most effective statistical process control (SPC) tools for the monitoring of manufacturing processes. In this study, we propose and investigate a set Shewhart-type variability control chart based on the utilization of auxiliary information for efficient phase II process monitoring. The design parameters of the proposals are derived under correlated setups for the monitoring of variability parameter. The properties of these charting structures are evaluated in terms of average run length and some other related measures. The performance abilities of these charts are compared with each other and also with some existing counterparts. The comparisons revealed that the proposed charts are very efficient at detecting shifts in the variability parameter and have the ability to perform better than the competing charts in terms of run length characteristics. We have also used real datasets to illustrate the application of the proposed structures in practical situations. [ABSTRACT FROM AUTHOR]