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Suggested Curriculum 1

1 Lecture / 1 Exercise

This is a suggested curriculum for either undergraduate or graduate students in business or marketing. The purpose is to introduce students to conjoint analysis in a non-technical manner. This program may be taught as a single lecture and a set of short readings, followed by an exercise taking about 2 hours at most to complete.


Day 1: Intro to Conjoint Analysis and Adaptive Conjoint Analysis (ACA)

Student Readings:

Student Exercises:

  1. Access the Adaptive Conjoint Analysis (ACA) interview at http://www.sawsft.net/~demo/aca/acalogn.htm and take the questionnaire. Answer the questions realistically, to reflect your opinions and preferences. At the end of the interview, the computer estimates your preference scores (part worth utilities) and importance scores for the attributes. Cut-and-Paste the part worth utility and importance results into your work.

  2. What was the survey experience like? Do these part worth utility and importance scores seem to reflect your preferences?

  3. According to your utilities, which of these product alternatives would you be expected to prefer?

     

    Alternative 1

    Alternative 2

    Alternative 3

    Brand

    Dell

    HP

    Gateway

    Processor Speed

    2.66 GHz (Quad Core)

    2.66 GHz (Dual Core)

    3.50 GHz (Quad Core)

    Memory (RAM)

    4 GB RAM

    2 GB RAM

    1 GB RAM

    Hard Drive

    250 GB

    500 GB

    100 GB

    Monitor

    15-Inch

    17-Inch

    21-Inch

    Keyboard

    Standard

    Ergonomic

    Standard

    Productivity Software

    Microsoft Office (Word, Excel, Outlook)

    Microsoft Office Small
    Business (Basic +
    PowerPoint, Publisher)

    Microsoft Office
    Professional (Small
    Bus + Access database)

    (Sum the scores across the features to determine the total value of each alternative.)

  4. Is this an accurate prediction of your preference?

Instructor Aids:

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