The flashcards below were created by user
xSLYx
on FreezingBlue Flashcards.
...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.