MGT 370 Exam 3
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...PERT is a probabilistic one.
TRUE

Critical path is the shortest path in a network and its length is equal to the (...) completion time for the project.
FALSE

In forward pass through a network we think in terms of predecessors to find times for each activity.
FALSE

In backward pass we set the late start of each activity equal to the smallest starts of its followers.
TRUE

Critical activities have a finite amount of slack or flexibility for delay (...) delayed the whole project will be delayed.
TRUE

The standard deviation for project completion is the sum of (...) of the critical activities.
TRUE

To extract probability of completing a project within a given period (...) table of standard normal distribution which has a variance of zero and a ...
TRUE

In time cost tradeoff or expediting we select the cheapest activity to...
TRUE

As the size of the order Q increases the annual holding costs decrease ordering costs increase.
FALSE

In every inventory situation the total annual cost tends to be minimized (...) annual holding cost and the annual ordering cost balance.
TRUE

In periodic review systems the size of the order is fixed while the (...) between the orders varies.
TRUE

T
T (one capitalized)
T
F
F (two capitalized)
CHECK