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Cloud [144]
3 years ago
13

If you followed Taguchi’s principles, and you wanted to investigate a design with 5 factors at 2 levels, how many experiments

do you need? How many would you need if you used 5 factors at 2 levels in Classical Statistics with full factorial experiments; half factorial as well as Saturated ? Some of the students can try their own numbers such as 3 factors at 2 levels; 2 factors at 2 levels; 2 factors at 3 levels, 3 factors at 3 levels, etc… I would like each student to have a unique set of factors and levels so I can be sure that everyone understands the Taguchi principles in DoE.
Business
1 answer:
Musya8 [376]3 years ago
5 0

Answer:

Number of full factorial experiments needed as per classical statistics is 5

Explanation:

We can use the following method to solve the given problem

Number of experiments needed as per Taguchi's principles:

No. of factors, F= 5

No. of levels, L = 2

No. of experiments, E = 1 + F*(L-1)

= 1 + 5*(2-1) = 1 + 5*1 = 6

Number of full factorial experiments needed as per classical statistics:

E = L^F

= 2^5

= 32

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On July 15, 2016, you convert 650,000 U.S. dollars to Japanese yen in the spot foreign exchange market and purchase a six-month
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Answer:

The question is not complete:

On July 15, 2016, you convert 650,000 U.S. dollars to Japanese yen in the spot foreign exchange market (¥104.91/$) and purchase a six-month forward contract ($0.0095320/¥1) to convert yen into dollars. How much will you receive in U.S. dollars at the end of six months? (Round your answer to 2 decimal places. (e.g., 32.16))

The sum of $650,001.38  would be received in six months

Explanation:

In the first place by buying the yen in the spot market on July 15 ,2016, the amount of yen is computed thus:

$650,000 was at (¥104.91/$) ,which implies that each $ was exchanged for ¥104.91

yen received =$650,000*104.91/1

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The six month forward contract outcome is as follows:

($0.0095320/¥1)

each Yen was exchanged $0.0095320

dollars received= ¥ 68,191,500.00 *0.0095320/1

                          =$650,001.38  

3 0
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