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Mean and standard deviation for the facilities design problem

โœ Scribed by S.Allen Broughton; Veeravudhi Charumongkol


Publisher
Elsevier Science
Year
1990
Tongue
English
Weight
329 KB
Volume
19
Category
Article
ISSN
0360-8352

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An Improved Approach for Estimating the
โœ HON-SHIANG LAU; AMY HING-LING LAU; YUE ZHANG ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 236 KB ๐Ÿ‘ 2 views

The literature oers many formulas for estimating the mean and standard deviation of a subjective probability distribution (a well-known example is the PERT formulas). This paper shows that some basic underlying assumptions behind most of these formulas are inappropriate; a more appropriate framework