PERT Charts Differ from the Critical Path Method in One

question 115

Multiple Choice

PERT charts differ from the critical path method in one important way.What is it?

• A) PERT charts assign one time to finish each task; CPM does not.
• B) PERT charts are based on the use of quality principles; CPM is not.
• C) PERT charts assign three time estimates for each activity; CPM does not.
• D) PERT charts can be used in service organizations; CPM cannot.

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Definitions:

Uniform Design

The creation of a consistent and standardized appearance across products or within an organization.

Mass Production

The manufacture of large quantities of standardized products, often utilizing assembly line technology and automation.

Pure Competition

A market structure characterized by a large number of small firms, identical products, and free entry and exit, leading to price taking behavior.

Monopolistic Competition

A market structure where many firms sell products that are similar but not identical, leading to competition based on quality, price, and marketing.