Question: Your client asks you to conduct a pilot study in order to determine the optimum design of a projectile for a new product line. The

Your client asks you to conduct a pilot study in order to determine the optimum design of a projectile for a new product line. The objective of the pilot study is to design a projectile that will have the greatest accuracy and precision when shot at a target in addition to having the lowest production cost. The client emphasizes that the customers are interested in high performance (i.e. greatest accuracy and precision) projectiles, but cost is still a consideration. In fact, a recent marketing survey conducted by the client indicated that customers have the following tendencies when purchasing projectiles: 10% weight on accuracy, 50% weight on precision, 40% weight on cost. Due to regulatory guidelines, the cylindrical portion of the projectile (not including the nose cone) must be between 2.60 cm and 3.60 cm long. Regulatory guidelines also state that test data must include a minimum of 25 trials in total in order for the results to be valid (for example, if 5 projectiles are tested, then a minimum of 5 test trials per projectile must be conducted for data validity). The density of Alumilite is 1.05 g/cm3. When a projectile is made during the regular production process, the cost of Alumilite casting resin is $12.40/Liter, however, due to the extensive labor and small batch processing of the prototype projectiles, the prototype cost is $250.00/Liter. It also costs $200 per test trial due to setup, equipment, and other material costs. You are given a $10,000 budget to conduct the pilot study.

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