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Explain these formulas to me, I especially don't understand how to fill up the Stations / remaning time / Eligible tasks thing, especially the fit
Explain these formulas to me, I especially don't understand how to fill up the Stations / remaning time / Eligible tasks thing, especially the fit /assigned / idle part.
Efficiency=EffectivecapacityActualoutputUtilization=DesigncapacityActualoutputTotalProfit=TotalRevenueTotalCost=(pv)QFC Decision Theory: EVPI = Expected value with perfect information (EVwPI) maximum EMV Process Selection \& Facility Layout: Cycle time =DesiredoutputOperatingtime Minimum number of workstations =cycletimetasktimes percent idle time =(actualnumberofworkstationsused)(cycletime)idletimepercycle100 Efficiency =100% percent idle time OR Efficiency=(actualnumberofworkstationsused)(cycletime)tasktimes100Step by Step Solution
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