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An electronics manufacturer is trying to encourage its engineers to design simpler products so that overall costs are reduced.
Required:
Which of the value-chain function costs (R&D, design, production, marketing, distribution, customer service)should be included in product-cost estimates to achieve the above purpose? Why?
Repeated Measures
A research design in which the same subjects are tested under each condition to reduce variability and increase precision in the results.
Mixed Factorial Design
An experimental design combining at least one between-subjects factor and one within-subjects factor, allowing for the examination of multiple variables simultaneously.
Simple Main Effect Analysis
A statistical technique used to break down the interactions in an ANOVA by comparing levels of one factor at a time.
Independent Variable
The variable in an experiment that is manipulated or changed by the researcher to observe its effect on the dependent variable.
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