As an Amazon Associate I earn from qualifying purchases.

Critical Path Method (CPM) Definition and Explanation PDF | Download eBooks

Learn Critical Path Method (CPM) definition in supply chain management with explanation to study “What is Critical Path Method (CPM)”. Study critical path method (cpm) explanation with SCM terms to review supply chain management course for online MBA programs.

Critical Path Method (CPM) Definition:

  • It defines as the technique of network analysis..

    Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston



Critical Path Method (CPM) Explanation:

The basic way strategy is a well ordered undertaking the executives system for procedure arranging that characterizes basic and non-basic errands with the objective of averting time span issues and procedure bottlenecks. The CPM is in a perfect world fit to undertakings comprising of various exercises that communicate in a perplexing way. The CPM was created during the 1950s by DuPont, and was first utilized in rocket safeguard development ventures. Since that time, the CPM has been adjusted to different fields including equipment and programming item innovative work. Different PC projects are accessible to help venture administrators utilize the CPM.

Keep Learning Supply Chain Management Explanations

What is Make-or-buy decision?

Due to increase globalization firms always tried to get product or material at very cheap rate. So, they sometimes outsource ...

What is Flowchart?

The flowchart demonstrates the means as boxes of different sorts, and their request by associating the crates with bolts. This ...

What is Mix Flexibility?

The mix flexibility is to deal with a wide scope of items or variations by utilizing hardware having short arrangement ...

What is Warehouse layout?

As a rule, stockroom fashioners need to work with a space in which certain elements limit the surface territory accessible. ...

What is Shop-within-a-Shop?

A store-inside a-store, additionally alluded to as shop-in-shop, is an understanding wherein a retailer leases a piece of the retail ...

What is Value-stream Mapping (VSM)?

An esteem stream can be characterized as every one of the means - both esteem included and non esteem added ...