The Use of the Compound Poisson in Pert

Published Online:https://doi.org/10.1287/mnsc.15.8.B397

The use of the normal or Beta distributions has become well established for PERT applications. The authors question whether the use of these standardized distributions yields the best answers in some cases and submits an alternative method of computing the critical path using a compound poisson distribution. This change requires adapting many of the PERT assumptions to the new distribution.

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