Expected Value With Perfect Information Calculator

Expected Value With Perfect Information Calculator

Instructions: Use this calculator to make a step-by-step calculation of the Expected Value With Perfect Information associated to several decision alternatives under uncertainty. First you need to type the number of decision alternatives and states ...
Expected Value of Perfect Information Calculator

Expected Value of Perfect Information Calculator

Instructions: Use this calculator to compute, step-by-step, the Expected Value of Perfect Information for several decision alternatives under uncertainty. Please first indicate the number of decision alternatives and states of nature. Then type the ...
Minimax Regret Criterion Calculator

Minimax Regret Criterion Calculator

Instructions: This calculator allows you to use the Minimax Regret criterion to make a decision under uncertainty. Please first indicate the number of decision alternatives and states of nature. Then type the corresponding payoff matrix, and ...
Expected Opportunity Loss Criterion Calculator

Expected Opportunity Loss Criterion Calculator

Instructions: This calculator allows you to use the Expected Opportunity Loss criterion (also known as EOL criterion) to make a decision under uncertainty. Please first indicate the number of decision alternatives and states of nature. Then type the ...
Expected Monetary Value Criterion Calculator

Expected Monetary Value Criterion Calculator

Instructions: This calculator allows you to use the Expected Monetary Value criterion (also known as EMV criterion) to make a decision under uncertainty. Please first indicate the number of decision alternatives and states of nature. Then type the ...
Hurwicz Criterion Calculator

Hurwicz Criterion Calculator

Instructions: This calculator allows you to use the Maximin criterion (also known as pessimistic criterion) to make a decision under uncertainty. Please first indicate the number of decision alternatives and states of nature. Then type the ...
Maximin Criterion Calculator

Maximin Criterion Calculator

Instructions: This calculator allows you to use the Maximin criterion (also known as pessimistic criterion) to make a decision under uncertainty. Please first indicate the number of decision alternatives and states of nature. Then type the ...
Maximax Criterion Calculator

Maximax Criterion Calculator

Instructions: This calculator allows you to use the Maximax criterion (also known as optimistic criterion) to make a decision under uncertainty. Please first indicate the number of decision alternatives and states of nature. Then type the ...
Learning Curve Calculator

Learning Curve Calculator

Instructions: You can use this Learning Curve Calculator to compute the amount of time required to produce the \(N^{th}\) unit by providing the amount of time required for the first unit and the learning rate \(r)\), using the form below: Time ...
Constant Service Time Model

Constant Service Time Model

Instructions: You can use this Constant Service Time Model, by providing the arrival rate per time period \((\lambda)\), and the constant service rate per time period \((\mu)\), using the form below: Arrival Rate per time period \((\lambda)\) = ...
Multiple Server Model Calculator

Multiple Server Model Calculator

Instructions: You can use this Multiple Server Model Calculator, by providing the arrival rate per time period \((\lambda)\), the service rate per time period \((\mu)\), and the number of servers \((s)\) using the form below: Arrival Rate per time ...
Single Server Model Calculator

Single Server Model Calculator

Instructions: You can use this Single Server Model Calculator, by providing the arrival rate per time period \((\lambda)\), and the service rate per time period \((\mu)\), using the form below: Arrival Rate per time period \((\lambda)\) = Service ...
Single Period Model Calculator

Single Period Model Calculator

Instructions: You can use this Single Period Model Calculator, by providing the average demand for the period \((\mu)\), the standard deviation of demand \((\sigma)\), the sales price, the cost per unit and the salvage value, using the form below: ...
Production Order Quantity Calculator

Production Order Quantity Calculator

Instructions: You can use this Production Order Quantity Calculator, by providing the yearly demand, the daily production rate, either the daily demand rate or the number of working days per year, and the setup and ordering costs, using the form ...
Economic Order Quantity Calculator

Economic Order Quantity Calculator

Instructions: You can use this Economic Order Quantity Calculator, by providing the yearly demand, setup and ordering costs, using the form below: Yearly Demand (\(D\)) = Setup Cost (\(S\)) = Holding Cost (\(H\)) = Economic Order Quantity (EOQ) ...
Process Capability Index Calculator

Process Capability Index Calculator

Instructions: You can use this Process Capability Index Calculator, by providing the lower specification limit, the upper specification limit, and the mean \((\bar X)\) and standard deviation (\(\sigma\)) of the process, using the form below: Lower ...
Process Capability Ratio Calculator

Process Capability Ratio Calculator

Instructions: You can use this Process Capability Ratio Calculator, by providing the lower specification limit, the upper specification limit and the process standard deviation (\(\sigma\)) using the form below: Lower Specification = Upper ...
Exponential Smoothing with Trend Adjustment Forecast Calculator

Exponential Smoothing with Trend Adjustment Forecast Calculator

Instructions: You can use this Exponential Smoothing with Trend Adjustment Forecast Calculator for a given times series data set, by providing a set of data and smoothing constant. Also, you can indicate if the data periods are months or not, and ...
Weighted Moving Average Forecast Calculator

Weighted Moving Average Forecast Calculator

Instructions: You can use this Weighted Moving Average Forecast Calculator for a given times series data set, by providing a set of data, the number of periods to compute the average for (For example, for a 3-month Moving Averages, the number of ...
Exponential Smoothing Forecast Calculator

Exponential Smoothing Forecast Calculator

Instructions: You can use this Exponential Smoothing Forecast Calculator for a given times series data set, by providing a set of data and smoothing constant. Also, you can indicate if the data periods are months or not, and you optionally can write ...
Naive Forecast Calculator

Naive Forecast Calculator

Instructions: You can use this Naive Forecast Calculator for a given times series data set, by providing a time series set of data. Also, you can indicate if the data periods are months or not, and you optionally can write your own custom names for ...
Moving Average Forecast Calculator

Moving Average Forecast Calculator

Instructions: You can use this Moving Average Forecast Calculator for a given times series data set, by providing a set of data and the number of periods to compute the average for (For example, for a 3-month Moving Averages, the number of periods ...
Multifactor Productivity Calculator

Multifactor Productivity Calculator

Instructions: You can use this Multifactor Productivity Calculator, by providing the number of units produced, and the dollar value of all inputs used, specifying the name of the resource used (Use only the boxes that you need, leave empty the ones ...
Factor Productivity Calculator

Factor Productivity Calculator

Instructions: You can use this Factor Productivity Calculator, by providing the number of units produced, and the the input used, specifying the input resource (hours, units, etc): Units Produced = Input Used = hoursunitsdollars Factor Productivity ...



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