probability
how can i calculate cumulative probabilities of survival
Program Evaluation and Review Technique (PERT) A) Developed by US Navy and a consulting firm in 1958 for the Polaris submarine project. B) Technique as for CPM method, but acti
Solve Linear Programming Questions A producer manufactures 3 models (I, II and III) of a particular product. He uses 2 raw materials A and B of which 4000 and 6000 units respectively are obtainable. The raw materials per unit of 3
standing data se to develop a point of estimate
For the data analysis project, you will address some questions that interest you with the statistical methodology we are learning in class. You choose the questions; you decide how to collect data; you do the analyses. The questions can address almost any topic,
What are the questions that comes into mind when designing a system?
Chapter 6: Discussion Question: #4 p. 223 It is usually easier to forecast sales for a seasoned firm contrast to an early-stage venture because an early-stage venture has limited access to bank credit lines, sho
Little’s Law: • L = λR = XR • Lq = λW = XW • Steady state system • Little’s Law holds as long as customers are not destroyed or&nbs
Operational Analysis: • Analysis method based on the measurement of the operational characteristics of the system. Q : Derived quantities in Queuing system Derived quantities in Queuing system: • λ = A / T, Arrival rate • X = C / T, Throughput or completion rate • ρ =U= B / T, Utilization &bu
Derived quantities in Queuing system: • λ = A / T, Arrival rate • X = C / T, Throughput or completion rate • ρ =U= B / T, Utilization &bu
Creating Grouped Frequency Distribution: A) At first we have to determine the biggest and smallest values. B) Then we have to Calculate the Range = Maximum - Minimum C) Choose the number of classes wished for. This is generally between 5 to 20. D) Find out the class width by dividing the range b
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