This paper investigates the statistical performance of a sequential probability ratio test control chart for monitoring the dispersion of a normally distributed process. The expressions for statistical performance measures of the chart are derived using a Markov chain approach. It is shown through numerical comparisons that the overall statistical performance of this chart is superior to that of the existing competitor charts for dispersion. An example illustrating an application of the chart in practice is provided.
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Godase et al. (2019) studied this question.
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