Guidance on general-purpose methods of decision-making using cumulative sum (cusum) techniques for monitoring, control and retrospective analysis.
This British Standard, a part of the BS 5703 series, describes general-purpose methods of decision-making using cumulative sum (cusum) techniques for monitoring, control and retrospective analysis.
BS 5703-2 deals with quantifying and minimizing the risks involved in decision-making arising from the use of the cusum method. This leads to better and more consistent decision-making under conditions of uncertainty.
The standard starts by reviewing the fundamentals of cusum-based decision-making followed by a review of the types of cusum decision schemes. An annex to this standard provides information on the measure of variation used in cusum analysis.
This British Standard supersedes BS 5703-2:1980, which is withdrawn.
This standard includes the following cross references:
BS ISO 3534-1, BS ISO 3534-2, BS EN ISO 9000:2000.