One factor at a time and Design of Experiment

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"One-factor-at-a-time (OFAAT) and Design of Experiment (DOE)"

Per the textbook, trying to understand factors that impact the outcomes of business process is an important aspect of improving business operations. Conventional wisdom plans experiment one-factor-at-a-time (OFAAT). Compare and contrast the main advantages and disadvantages of OFAAT and DOE and select the approach (e.g., OFAAT or DOE) that you would use in order to obtain effective business process. Provide a rationale for your response.

Reference no: EM132406470

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