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Author Question: The results of _____________ can be used in an integer programming model of a product design and ... (Read 141 times)

tatyanajohnson

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on: Jun 24, 2018
The results of _____________ can be used in an integer programming model of a product design and market share optimization problem.
 a. conjoint analysis
  b. product design
  c. part-worth
  d. variations analysis

Question 2

_____ is a statistical procedure used to develop an equation showing how two variables are related.
 a. Regression analysis b. Data mining
  c. Time series analysis d. Factor analysis


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dpost18

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a
RATIONALE: A conjoint analysis is a market research technique that can be used to learn how prospective buyers of a product value the product's attributes. The results can be used in an integer programming model of a product design and market share optimization problem.

Answer to Question 2

a
RATIONALE: Regression analysis is a statistical procedure used to develop an equation showing how variables are related.


tatyanajohnson

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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