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Quantitative Analysis for Management, 13/e
book

Quantitative Analysis for Management, 13/e

by Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Hale
January 2017
Beginner to intermediate
280 pages
217h 11m
English
Pearson
Content preview from Quantitative Analysis for Management, 13/e

Key Equations

λ= mean number of arrivals per time period

μ= mean number of people or items served per time period

Equations 12-1 through 12-7 describe operating characteristics in single-channel models that have Poisson arrival and exponential service rates.

  1. (12-1) L=Average number of units (customers) inthe system=λμλ

  2. (12-2) W=Average time a unit spends in the system(Waiting time + Service time)=1μλ

  3. (12-3) Lq=Average number of units in the queue=λ2μ(μλ)

  4. (12-4) Wq=Average time a unit spends waiting in the queue=λμ(μλ)

  5. (12-5) ρ=Utilization factor for the system=λμ

  6. (12-6) P0=Probability of 0 units in the system(i.e., the service unit is idle)=1λμ

  7. (12-7) Pn>k=Probability of more than k units in the system=(λμ)k+1

    Equations 12-8 through ...

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Publisher Resources

ISBN: 9780134543161