Examlex
A project is represented by the activity durations (estimated at 90% likelihood of completion) and precedence requirements shown in the table. What is the length of the feeder buffer if this project is managed using critical chain methodology?
Sum of Squared Deviations
The total of the squared differences between each observation and the mean of a dataset.
Standard Deviation
An indicator used to assess the degree to which data points diverge or scatter around the average value.
Range
The difference between the highest and lowest values in a dataset, showing the spread of the data.
Mean
An average value that summarizes or represents the central tendency within a data set, determined by dividing the sum of all values by their count.
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