Q1. What is the comparison between PERT, CPM, AOA and why are they used in project management?

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Q1. What is the comparison between PERT, CPM, AOA and why are they used in project management? What are their advantages and disadvantages?

Q2. What is Wald or maximin? and what is the comparison between maximax (Hurwicz criterion), savage criterion (minimax criterion) and Laplace criterion? Give example for each.

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Operations Management

ISBN: 978-0078024108

12th edition

Authors: William J Stevenson

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Posted Date: Nov 11, 2020 03:06 AM

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Q1. What is the comparison between PERT, CPM, AOA and why are they used in project management?

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1Project Evaluation and Review Technique PERT Saucy is proper procedure that is utilized for tasks where the time required or expected to finish vario... View the full answer

Operations Management

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