Most Likely Time Notes: Definitions & Explanations PDF | Download eBooks
Study Most Likely Time lecture notes PDF with supply chain management definitions and explanation to study “What is Most Likely Time?”. Study most likely time explanation with SCM terms to review supply chain management course for online MBA programs.
Most Likely Time Definition:
Most probable time to complete an activity in a PERT network.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Most Likely Time Notes:
The best estimation of time for the completion of activities by the organizations. In this they assume everything is going normal and every task is done in their estimated time without any kind of hurdle and delay. They submit only one estimation and send it to the upper management.
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