SIMULATION OF PERT PROJECT COMPLETION TIMES BY STRATIFIED SAMPLING METHODS.
Abstract
The algorithms for computing the cumulative distribution of the completion times of PERT networks proposed by Hartley and Worthan (AD-626 486) and Ringer (AD-630 841) will in general only reduce the original network to a network with fewer activities. The c.d.f. of the project completion time for the reduced network will then be computed by some other method, such as Monte Carlo simulation. In this note sampling schemes for estimating this c.d.f. are discussed. A completely random sampling scheme and a sampling procedure based on stratification of activity completion times are described and compared. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1966
- Accession Number
- AD0637830
Entities
People
- Larry J. Ringer
Organizations
- Texas A&M University