In this research paper, a new algorithm, Parametric Multi Level Feedback Queue (PMLFQ), has been presented for solving the problems and minimizing the response time. In this algorithm, a parametric approach has been utilized for defining the optimized quantum of each queue and number of queues. One of the most efficient algorithms for real time scheduling is Multi-Layer Queue (MLQ), algorithm that is based on use of several queues. The most serious problem of this method is the not being able to define the optimized number of queues and quantum of each queue for processing. Number of the queues and quantum of each queue affect the response time directly. The simulations show that the PMLFQ algorithm, regarding response time and waiting time, act better by 10%, than all the other algorithms. Copyright c ⃝ 2010 Yang’s Scientific Research Institute, LLC. All rights reserved.