Why might a probabilistic estimate, Operation Management

Assignment Help:

Why might a probabilistic estimate of the project completion time base solely on the variance of the critical path be misleading? Under what circumstances would it be acceptable?


Related Discussions:- Why might a probabilistic estimate

Compare the traditional and matrix organization, Compare and contrast the t...

Compare and contrast the traditional and matrix organization. What are its advantages and disadvantages of the matrix organization?

Generate an ld score for the current layout, 1. Develop an ld score for the...

1. Develop an ld score for the current layout. What problems can you identify with the current layout? 2. Use trial and error to come up with a better layout that lowers the ld

Explain procurement management, Which of the nine knowledge areas defined i...

Which of the nine knowledge areas defined in the Project Management Body of Knowledge includes the activities of generating, collecting, distributing, storing, retrieving and dispo

Explain the market is nonexpendable, A company's sales potential would be e...

A company's sales potential would be equal to market potential when which situations exists? a. Industry marketing expenditures approach infinity for a given marketing env

Explain companies doing acquisitions and mergers in future, Based on your r...

Based on your research of the United and Continental Airline merger, evaluate the challenges experienced during the merger and the resulting impact to the business. Assess the effe

Explain physical inventory-taking technique, Question 1 Shortage costs are ...

Question 1 Shortage costs are precise and easy to measure. Question 2 Savings from reduced inventory results in increased profit. Question 3 Using the probability approach we

Explain what should they do in the internal organization, Disney entered Eu...

Disney entered Europe with several incorrect assumptions and poor research. Identify the problems that arose and how Disney should adjust for the immediate situation and what shoul

Explain what is the multifactor productivity for each system, A grocery cha...

A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace 2 old cashier lanes that were staffed by a cashier

Steps in work measurement, Steps in  work Measurement: The  various s...

Steps in  work Measurement: The  various steps  are : 1. Break the job  into elements: 2. Record the observed time  for each  element  by means  of time  study  synthesi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd