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...
Operations Management Solver
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...
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...
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...
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...
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...
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...
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...
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...
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...