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Two sources of PERT completion time bias are well documented in the literature: near critical paths turning critical during execution and misspecified activity time probability models. Although simulation is clearly the most appropriate method for assessing project duration, most introductory...
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This paper describes how we integrated two courses and two disciplines into a single, required “hands-on” course for undergraduates studying management science (MS) and management information systems (MIS). The motivation for what was initially an experiment (and is now a permanent part of...
In many universities, courses in quantitative methods for business are provided for students from a variety of disciplines. Student numbers on these courses can be very large and, for such non-specialist courses, there can be a wide range of student ability. The purpose of this study was to...
This article describes the week-to-week dynamics of a five-week decision science elective practice course in Dartmouth's MBA program. The course begins with a refresher assignment in simulation and optimization. Next come two intense weeks of spreadsheet modeling to value an industrial asset in...
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