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Jul 27, 2015 9:32 AM
(1474 views)

I have attached an example mixture design with one categorical factor for one of the ingredients. How would I create a formula to compute the total cost of the formula when it depends on which type of ingredient is used?

If X1 is type A, the total cost is **$1/kg** x % X1 + $0.50/kg x % X2 + $0.75/kg x X3

If X2 is type B, the total cost is **$2/kg** x % X1 + $0.50/kg x % X2 + $0.75/kg x X3

If X3 is type C, the total cost is **$3/kg** x % X1 + $0.50/kg x % X2 + $0.75/kg x X3

Then I would be able to use the prediction formula for targeted costs.

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Jul 28, 2015 7:26 AM
(2724 views)

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Jul 28, 2015 7:14 AM
(1362 views)

There is a matching formula in JMP that would work great if you are looking at 3 formulas based on X1 Type (which is what your table suggests but not your post).

Copy and paste this into a column formula:

Match(:X1 Type, "A", :X1 + 0.5 * :X2 + 0.75 * :X3, "B", 2 * :X1 + 0.5 * :X2 + 0.75 * :X3, "C", 3 * :X1 + 0.5 * :X2 + 0.75 * :X3, Empty(), Empty())

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Jul 28, 2015 7:26 AM
(2725 views)