Expected Variable Cost

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eVC×(g)\mathit{e}\mathit{VC}\mathit{^{\times}}(g)
×{sgl,sum}\mathit{\times} \in \{\mathit{sgl}, \mathit{sum}\}
Dimension:
Cost
Granularity:
Group of cases

Description

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

Potential use

Event log in which variable cost information is recorded.

Assumptions

Minimizing variable cost is desirable.

Desired Value:

MINIMIZE

Required attributes

actinst
case
type
vc

Equations

Formula for practitioners

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

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

Formal Definition

VC×(g)C(g)\frac{\mathit{VC}\mathit{^{\times}}(g)}{\mathit{C}(g)}
The ×\mathit{\times} indicates that the PPI can take multiple forms, in this case, ×{sgl,sum}\mathit{\times} \in \{\mathit{sgl}, \mathit{sum}\}. If ×=sgl\mathit{\times} = \mathit{sgl}, then the function considers single events of activity instances for cost calculations, i.e., it uses VCsgl\mathit{VC}\mathit{^{sgl}}; if ×=sum\mathit{\times} = \mathit{sum}, then the function considers the sum of all events of activity instances for cost calculations, i.e., it uses VCsum\mathit{VC}\mathit{^{sum}}.

Tags

actinst
case
type
vc

Python implementation

This indicator is implemented in the process_performance_indicators Python library.

process_performance_indicators.indicators.cost.groups.expected_variable_cost