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The duration of all or some activities in stochastic projects is a random variable. It is advantageous to generate values of random activity durations with beta probability distributions. We can carry out time analysis of stochastic projects by means of simulation.
Persistent link: https://www.econbiz.de/10010822850
The duration of all or some activities in stochastic projects is a random variable. It is advantageous to generate values of random activity durations with beta probability distributions. We can carry out time analysis of stochastic projects by means of simulation.
Persistent link: https://www.econbiz.de/10011315842