Visit our Christmas Gift Finder
Stochastic Project Networks: Temporal Analysis, Scheduling and Cost Minimization - Lecture Notes in Economics and Mathematical Systems 344 (Paperback)
  • Stochastic Project Networks: Temporal Analysis, Scheduling and Cost Minimization - Lecture Notes in Economics and Mathematical Systems 344 (Paperback)
zoom

Stochastic Project Networks: Temporal Analysis, Scheduling and Cost Minimization - Lecture Notes in Economics and Mathematical Systems 344 (Paperback)

(author)
£67.99
Paperback 237 Pages / Published: 10/07/1990
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
Project planning, scheduling, and control are regularly used in business and the service sector of an economy to accomplish outcomes with limited resources under critical time constraints. To aid in solving these problems, network-based planning methods have been developed that now exist in a wide variety of forms, cf. Elmaghraby (1977) and Moder et al. (1983). The so-called "classical" project networks, which are used in the network techniques CPM and PERT and which represent acyclic weighted directed graphs, are able to describe only projects whose evolution in time is uniquely specified in advance. Here every event of the project is realized exactly once during a single project execution and it is not possible to return to activities previously carried out (that is, no feedback is permitted). Many practical projects, however, do not meet those conditions. Consider, for example, a production process where some parts produced by a machine may be poorly manufactured. If an inspection shows that a part does not conform to certain specifications, it must be repaired or replaced by a new item. This means that we have to return to a preceding stage of the production process. In other words, there is feedback. Note that the result of the inspection is that a certain percentage of the parts tested do not conform. That is, there is a positive probability (strictly less than 1) that any part is defective.

Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN: 9783540526643
Number of pages: 237
Weight: 820 g
Dimensions: 242 x 170 x 13 mm
Edition: 1990 ed.

You may also be interested in...

Pharmaceutical Calculations Workbook
Added to basket
Probability and Random Processes
Added to basket
A First Course in Coding Theory
Added to basket
Essential Medical Statistics
Added to basket
Networks: A Very Short Introduction
Added to basket
Mathematics for Economists
Added to basket
Stochastic Differential Equations
Added to basket
Mathematical Techniques
Added to basket
Chaos: A Very Short Introduction
Added to basket
Chaos
Added to basket
£10.99
Paperback
Mathematics for Economics and Business
Added to basket
Computational Science and Engineering
Added to basket
Mathematics for Economics and Finance
Added to basket

Please sign in to write a review

Your review has been submitted successfully.