Operations Research · 1962 · 187 citations · 3 references
ManagementIndustrial EngineeringProject ManagementProject SchedulingSchedulingStochastic ProcessesCritical Path AnalysisDuration AnalysisStochastic NetworksDiscrete Random VariablesJoint Distribution EstimationProject Duration Estimation
A method of obtaining a fairly good lower approximation to the expected duration time of a project whose individual job times are discrete random variables is described. It is assumed that jobs that immediately precede any given job may have a joint distribution of times, with independence between immediate predecessors of different jobs. The method provides an estimate that is usually much better, and never worse, than the one obtained by replacing each random job time by its expected value. An application to expected minimal path lengths in networks whose arc lengths are random variables is discussed.
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Richard Bellman · Quarterly of Applied Mathematics · 1958 · 2.7K citations · Full text
Discrete-Variable Extremum Problems
George B. Dantzig · Operations Research · 1957 · 913 citations