An improved optimisation procedure for Desirability Indices
Loading...
Date
2000
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Universitätsbibliothek Dortmund
Abstract
As will be shown the current use of Desirability Indices for optimisation purposes in experimental design gives biased results in general. Researchers were satisfied with approximative solutions as unbiased results would have required analytical expressions for the distributions of Desirability Indices. These expressions are unavailable. Todays computing power allows to use Monte-Carlo estimators for estimating exact solutions instead of analytical solutions and therefore to improve the estimation process for Desirabilities.
Description
Table of contents
Keywords
bias, computer intensive procedures, desirability index, MCD, MCDA, MCO, Monte-Carlo estimation, numerical optimisation