DUAL RESPONSE SYSTEMS OPTIMIZATION. A COMPROMISE APPROACH

Several approximations have been recently proposed to optimize processes in which are identified two responses variables, but there is no agreement in the establishment of a compromise solution among the multiples conflicting conditions. We propose a new methodology which takes simultaneously into a...

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Bibliographic Details
Published inRevista Colombiana de estadística Vol. 28; no. 2; p. 155
Main Authors César A Cristancho F, Melo M, Oscar O
Format Journal Article
LanguageEnglish
Published Bogota Universidad Nacional de Colombia 01.07.2005
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Summary:Several approximations have been recently proposed to optimize processes in which are identified two responses variables, but there is no agreement in the establishment of a compromise solution among the multiples conflicting conditions. We propose a new methodology which takes simultaneously into account the quality of the predictions, the relative variabilities and the cost or preference of each response. An example illustrates the methodology and the results can be replicated using EXCEL SOLVER.
ISSN:0120-1751
2389-8976