Optimum designs for estimation of optimum point under cost constraint

Manisha Pal and Nripes Mandal

Journal of Applied Statistics, 2009, vol. 36, issue 9, 999-1008

Abstract: 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.

Keywords: response surface model; second-order models; mixture experiments; weighted centroid designs; trace criterion (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (3)

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DOI: 10.1080/02664760802582264

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