PERT Is an Acronym for "Project Expert and Resource Technique

question 88

True/False

PERT is an acronym for "Project Expert and Resource Technique."

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Definitions:

Expected Rate of Profit

Expected profits divided by money invested.

Disposable Income

The sum of funds households can spend and save after deducting income taxes.

APS

Average Propensity to Save, which measures the proportion of income that is saved rather than spent.

Capacity Utilization Rate

The percentage of a firm's total potential production capacity that is actually being utilized in the production of goods or services.