Expected Transportation Cost

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eTransC(g)\mathit{e}\mathit{TransC}(g)
Dimension:
Cost
Granularity:
Group of cases

Description

Expected transportation cost of a case belonging to a group of cases.

Potential use

Process where the cost of transportation is relevant.

Assumptions

Minimizing transportation cost is desirable.

Desired Value:

MINIMIZE

Required attributes

case
transc

Equations

Formula for practitioners

TransC(g)C(g)\frac{\mathit{TransC}(g)}{\mathit{C}(g)}

TransC(g)\mathit{TransC}(g) returns the total transportation cost for group gg.
C(g)\mathit{C}(g) returns the number of cases in group gg.

Formal Definition

TransC(g)C(g)\frac{\mathit{TransC}(g)}{\mathit{C}(g)}

Tags

case
transc

Python implementation

This indicator is implemented in the process_performance_indicators Python library.

process_performance_indicators.indicators.cost.groups.expected_transportation_cost