Optimum designs for estimation of optimum point under cost constraint

In this paper, we consider the estimation of the optimum factor combination in a response surface model. Assuming that the response function is quadratic concave and there is a linear cost constraint on the factor combination, we attempt to find the optimum design using the trace optimality criterion. As the criterion function involves the unknown parameters, we adopt a pseudo-Bayesian approach to resolve the problem.

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Year of publication:	2009
Authors:	Pal, Manisha ; Mandal, Nripes
Published in:	Journal of Applied Statistics. - Taylor & Francis Journals, ISSN 0266-4763. - Vol. 36.2009, 9, p. 999-1008
Publisher:	Taylor & Francis Journals
Subject:	response surface model \| second-order models \| mixture experiments \| weighted centroid designs \| trace criterion

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008466732