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Optimal Mixture Choice
Author(s) -
Cain M.,
Price M. L. R.
Publication year - 1986
Publication title -
journal of the royal statistical society: series c (applied statistics)
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.205
H-Index - 72
eISSN - 1467-9876
pISSN - 0035-9254
DOI - 10.2307/2347858
Subject(s) - mathematics , statistics , econometrics
SUMMARY A new formulation of the problem of mixture design is given which has a probabilistic objective function subject to a cost constraint. This reverses the roles in the usual formulation. A complete solution is given for the case of a single criterion and a partial but usable solution for the case of conflicting criteria. Real data are used to illustrate the application of the results.