The Purpose of Determining the Critical Path on a PERT

question 137

Multiple Choice

The purpose of determining the critical path on a PERT network is to

• A) identify the sequence of tasks that takes the longest to complete.
• B) estimate a payment schedule so that a budget can be established.
• C) find the sequence of events that is the most expensive to complete.
• D) establish a delivery schedule for a just-in-time inventory control program.

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Definitions:

Process Capability Ratio

A statistical measure that evaluates the ability of a production process to produce output within specified limits.

Process Capability Index

A statistical measure that quantifies how well a process is able to produce output within specification limits compared to the spread of the process values.

Acceptance Plan

An Acceptance Plan outlines the criteria and process by which project deliverables are verified and accepted by stakeholders.

Good And Bad Lots

Terms used in quality control to distinguish between batches of products where good lots meet quality standards and bad lots fail to meet those standards.