Adjustment Guidelines for Autocorrelated Processes Based on Deming’s Funnel Experiment

In this study, autocorrelated processes following ARMA (1, 1) were examined with an attempt to evaluate the performance of different adjustment rules based on Deming ʹs Funnel experiment. The performance of each adjustment policy was assessed by considering the mean squared error (MSE). The results indicate that the most appropriate adjustment rule depends on the shift magnitude and process autocorrelation