Factorial design, Management Theories

Assignment Help:

Factorial Design:

The factorial  experiment design  allows  the researcher to test two  or more  variables  at the same  time. It  determines whether  the variables interact to produce  an observed response or whether the variables operate independently to  produce the response. The factorial experiment is used when  there are three or more experimental variables. It is  applied when  the design is completely randomized or is a randomized block or Latin square. The main  feature of this  design is that the impact of various variables can be examined. It  involves some complex computations. We can calculate the interaction of the variables on each other which  requires variance analysis and notching out the  main  effects of each of the  variables. Standard deviation and mean squares are calculated to fin doubt the impact of   variables. Thus  this design  determines not only  the main  effects of each of the variable but  also measures the interaction effects of the variables. For  example  the use of coffee may  be preferred  with a high  content of sugar  and high  flavour. To test these  contents  various doses  of sugar  may be  introduced and the number of consumers purchasing them may  be recorded  to find out their consequences.


Related Discussions:- Factorial design

Bureaucreacy, beareaucreacy approach is appropriate for neslte organization...

beareaucreacy approach is appropriate for neslte organization perfomance or not?

executed basel ii norms, How Banks have executed BASEL II norms  in India....

How Banks have executed BASEL II norms  in India. Now BASEL III will be in place by   April, 2011. How far Indian banks ready to face the challenge of executing BASEL III norms. Di

What is managerial grid, Q. What is Managerial grid? Blake in addition ...

Q. What is Managerial grid? Blake in addition to molten explained leadership with the mangers concern on people and production. On the basis of above criteria they suggested fi

What is recruitment and planning, Q. What is recruitment and planning? ...

Q. What is recruitment and planning? Goal oriented one, Dynamic, Process, Primary to other management Functions Recruitment is the process of inducing probable candidates ap

Components of the strategic planning process, 1. Briefly explain the monito...

1. Briefly explain the monitoring, measuring, and adjusting components of the strategic planning process. The strategic plan are designed based on the predictions and assumptions,

Business decision making, analyse data using measures of dispersion to info...

analyse data using measures of dispersion to inform a given business scenario

What is scientific management, Scientific management: It is a managemen...

Scientific management: It is a management approach formulated by Frederick. W. Taylor and others (1890 - 1930). It has the idea to develop the best method for performing any ta

What was the contributions of scientific management theory, CONTRIBUTIONS O...

CONTRIBUTIONS OF SCIENTIFIC MANAGEMENT THEORY The modern assembly line pours out finished products faster than Taylor could ever have imagined. This production "miracle" is jus

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd