Bayesian Reliability Optimization for Continuous/Binary Response Overview

The Bayesian Reliability Optimization for Continuous/Binary Response nodes address problems with current frequentist response optimization methods. The nodes implement a Bayesian reliability approach as put forth by Peterson (2004) that explicitly take into account the correlation structure of the data, the variability of the process distribution, and the model parameter uncertainty. There are two nodes available depending on the type of response variables, continuous and binary.

1 Bayesian Reliability Optimization for Continuous Response

2 Bayesian Reliability Optimization for Binary Response