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Quantitative Methods

C/C/160. Quantitative Methods and Linear Programming: solutions to problems

WORDS:
1450
DATE:
2009
PRICE:
19.99 GBP

This paper presents solutions to the problems of project management using quantitative methods for making maximax and minimin decisions, minimax regret decision, equally likely decisions, and realism decisions. Inventory analysis and critical path analysis is used to calculate the mean and the variance for various activities, to compute inventory costs, etc.

 

KEYWORDS: quantitative methods, project management, decision making, inventory analysis, critical path analysis,

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