Elucidate how would you suggest reducing number of factors

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Q. A marketing research application uses variable HD to represent number of homeowners interviewed during day. Objective function minimizes cost of interviewing this also other categories also there is a constraint which HD = 100. Solution indicates which interviewing another homeowner during day will increase costs by 10.00. Illustrate what do you know?

Q. Let's say your boss develops an EFE Matrix which includes 62 factors. Elucidate how would you suggest reducing number of factors to 20?

Reference no: EM1376664

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