Learning Goal: I'm working on a management question and need an explanation and answer to help me learn.Develop the parameter diagram for below project:Team Project: MAINSTREAM ELECTRIC VEHICLEClearly define all relevant factors and explain them (variables and performance metrics)If Minitab is available, you can use the Minitab to design the L* design and use N- and N+ noise factor levelsIf Minitab is not available, just use the concept of the full factorial design with N- and N+ noise factor levelsWhat objective function are you going to use based on the performance metric? - max, min, target, or Signal to Noise ratio?Develop a base financial model for the product and perform economic analysis in excel sheet as mentioned in week 7 PPT