In illustrating how to simulate an activity network, we used a triangular distribution based on three time
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In illustrating how to simulate an activity network, we used a triangular distribution based on three time estimates to generate random activity times. What problem might be encountered if we assume that activity times were normally distributed? (Consider the values that a normally distributed random variable with a mean of 5 and variance of 3 might assume.)
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Spreadsheet Modeling And Decision Analysis A Practical Introduction To Management Science
ISBN: 167
5th Edition
Authors: Cliff T. Ragsdale
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