Expected hypothetical completion probability
نویسندگان
چکیده
منابع مشابه
Expected Uses of Probability
Nothing tricky here, just setting up notation. I’ll try to not be overly formal. A random variable is just a quantity that we take to vary randomly. For example, the outcome of a standard six-sided dice roll, say D6, is a random variable. We can now discuss the probability of certain events, which we’ll denote P(•). For instance, we can write P(D6 = 1) = P(D6 = 2) = · · · = P(D6 = 6) = 1 6 or P...
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A common problem in production environments is the need to estimate the remaining time in system for work-inprogress jobs. Simulation can be used to obtain the estimates. However, when the future path of a job is uncertain (due to stochastic events such as rework), using simulation to estimate the remaining cycle time of a job at step k can be imprecise; traditional confidence intervals on the ...
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ژورنال
عنوان ژورنال: Journal of Quantitative Analysis in Sports
سال: 2020
ISSN: 1559-0410,2194-6388
DOI: 10.1515/jqas-2019-0050