After reading this article you will learn about the bar chart and its limitations. A pictorial chart, also known as the "Bar Chart" was for the first time developed by Henry Gantt around 1900 and is used to deal with complex activities. The bar chart consists of two coordinates, the horizontal represents the time elapsed and the vertical represents the [...]
Before starting to draw the network, following measures should be taken serially: 1. Prepare a list of the activities included in the project and their dependence on other activities. 2. Draft the network roughly, usually by soft pencil and an eraser on a large piece of paper. 3. The estimate of time required for each activity is made considering manpower [...]
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 [...]