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Operations Management - Network Problems

Slack Of An Event and Slack Of An Activity - Earliest And Latest Times

   Posted On :  24.06.2018 12:07 am

The allowable time gap for the occurrence of an event is known as the slack of that event. It is given by the formula

Slack Of An Event

 
The allowable time gap for the occurrence of an event is known as the slack of that event. It is given by the formula
 
Slack of an event = Latest Allowable Time of Occurrence of the event - Earliest Expected Time of Occurrence of that event.
 

Slack Of An Activity

 
The slack of an activity is the float of the activity.
Tags : Operations Management - Network Problems
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