MGT 370 Exam 3

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Author:
xSLYx
ID:
159506
Filename:
MGT 370 Exam 3
Updated:
2012-06-20 21:52:19
Tags:
mgt 370
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Description:
Operations Management Exam 3
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  1. ...PERT is a probabilistic one.
    TRUE
  2. Critical path is the shortest path in a network and its length is equal to the (...) completion time for the project.
    FALSE
  3. In forward pass through a network we think in terms of predecessors to find times for each activity.
    FALSE
  4. In backward pass we set the late start of each activity equal to the smallest starts of its followers.
    TRUE
  5. Critical activities have a finite amount of slack or flexibility for delay (...) delayed the whole project will be delayed.
    TRUE
  6. The standard deviation for project completion is the sum of (...) of the critical activities.
    TRUE
  7. 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
  8. In time cost tradeoff or expediting we select the cheapest activity to...
    TRUE
  9. As the size of the order Q increases the annual holding costs decrease ordering costs increase.
    FALSE
  10. In every inventory situation the total annual cost tends to be minimized (...) annual holding cost and the annual ordering cost balance.
    TRUE
  11. In periodic review systems the size of the order is fixed while the (...) between the orders varies.
    TRUE
  12. T
    T (one capitalized)
    T
    F
    F (two capitalized)
    CHECK

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