Time Series Analysis (CUSUM)

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Description

This article describes a method for preparing a Cumulative Sum (CUSUM) control chart.[1][2]

Model theory

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Excel

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The CUSUM control chart may be invoked from the Excel formula bar with the following function calls:

=mdTimeSeries_CUSUM(TimeSeriesData as Range, T as Double, Optional k as Double = 0)

Invoking the function with no arguments will print Help text associated with the model, including a link to this page.

References

  1. NIST/SEMATECH, 2012. e-Handbook of Statistical Methods, http://www.itl.nist.gov/div898/handbook/, accessed 24 March 2022.
  2. Napier-Munn, T.J., 2014. Cunning solutions to process improvement. 12th Mill Operators' Conference, Townsville, Qld, 1-3 September 2014.