OMIS 2010 Lecture Notes - Lecture 5: Standard Deviation, Average Absolute Deviation, Order Of Merit

• School: WLU
• Department: Operations Management and Information System
• Course: OMIS 2010
• Professor: Linda Lakats

Document Summary

Et is the expected level at time period t. St is the seasonal factor for time period t. Y) nt yt+1 = yt + (1- )yt. Ct = smoothed constant-process value for period t. Tt = smoothed trend value for period t. Ft+1= forecast value for period t + 1, t = current time period. 2 | p a g e o m. Project management: t = (a + 4m + b)/6. = utilization factor, % of time that a hat all servers are busy. P0 - the percentage of the time there customers/unitsin the system (proba here are no obability of idle service facility ) Lq - avg number of units in line waitin aiting for service. L=ls- avg number of units in the syste served). ystem (in line & being. Wq - avg time a unit spends in line wa e waiting for service.