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Problem
a. Explain Management Science models in detail.
b. Estimation the completion time of each activity whose optimistic time estimate is 5 seconds and the pessimistic time estimate are 20 seconds. The utmost likely time estimation is 9 seconds.
Things to do
a. Explanation
b. Formula te = to +tn+tp ------------- 6The time of completion of each activity is equal to 10.1667
Applying the technique to your organization Find in your organization an aspect of the operational process that could benefit from use of one or more of the following techniques:
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