After reading this article you will learn about:- 1. Meaning of Critical Path Method (C.P.M.) 2. Language of Critical Path Method 3. Advantages. Meaning of Critical Path Method (C.P.M.): The use of this management technique of modern network systems has become very essential in the developing countries like India. This was developed in 1957 and is suitable for the construction [...]
Get the answer of: What is Gantt Progress Chart ? A Gantt progress chart gives the comparison between the actual and planned performance. It indicates how performance matches with the fixed targets. To explain things more clearly, following example of Gantt progress chart has been solved. The figures indicated in the left-hand corner of each square shows the target for [...]
After reading this article you will learn about:- 1. Meaning and Definition of Operation Research 2. Phases in Operation Research Study 3. Scope 4. Characteristics 5. Methodology 6. Models 7. Techniques 8. Applications 9. Limitations. Meaning and Definition of Operation Research: It is the method of analysis by which management receives aid for their decisions. Though the name of this [...]