A Resource Constraint Can Be Exploited Using CCPM Methodology By

question 59

Multiple Choice

A resource constraint can be exploited using CCPM methodology by:

• A)determining the priority among projects for access to the drum.
• B)scheduling each project to start based on the drum schedule.
• C)designating the critical chain as the chain from the first use of the constraining resource to the end of the project.
• D)resolving any conflicts if the creation of the capacity constraint buffers adversely affects the drum schedule.

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Definitions:

Economies of Scale

Economic benefits that companies gain from their size of operations, which result in a reduction in the cost per unit as the scale increases.

Horizontal Demand

A market situation where the demand for a product remains constant regardless of changes in its price.

Entrepreneurs

Individuals who, rather than working as employees, found and run small businesses, assuming all the risks and rewards of the venture.

Technological Change

Refers to the improvements and innovations in technology that enhance productivity or enable new products and services.