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RAMP Simulation Software for Modelling Reliability, Availability and Maintainability (RAM) is a computer software application developed by WS Atkins specifically for the assessment of the reliability, availability, maintainability and productivity characteristics of complex systems that would otherwise prove too difficult, cost too much or take too long to study analytically.
The chain-linked model or Kline model of innovation was introduced by mechanical engineer Stephen J. Kline in 1985, [1] and further described by Kline and economist Nathan Rosenberg in 1986. [2] The chain-linked model is an attempt to describe complexities in the innovation process. The model is regarded as Kline's most significant contribution ...
Repeated measures design is a research design that involves multiple measures of the same variable taken on the same or matched subjects either under different conditions or over two or more time periods. [1] For instance, repeated measurements are collected in a longitudinal study in which change over time is assessed.
The business model canvas is a strategic management template that is used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
A research design typically outlines the theories and models underlying a project; the research question(s) of a project; a strategy for gathering data and information; and a strategy for producing answers from the data. [1] A strong research design yields valid answers to research questions while weak designs yield unreliable, imprecise or ...
The model for the response is , = + + with Y i,j being any observation for which X 1 = i (i and j denote the level of the factor and the replication within the level of the factor, respectively) μ (or mu) is the general location parameter; T i is the effect of having treatment level i
Entrepreneurial economics is the field of study that focuses on the study of entrepreneur and entrepreneurship within the economy. The accumulation of factors of production per se does not explain economic development. [1] They are necessary factors of production, but they are not sufficient for economic growth.
Iterative design is a design methodology based on a cyclic process of prototyping, testing, analyzing, and refining a product or process. Based on the results of testing the most recent iteration of a design, changes and refinements are made. This process is intended to ultimately improve the quality and functionality of a design.