The Third Step in Both the CPM and PERT Approaches

question 88

Multiple Choice

The third step in both the CPM and PERT approaches is?

• A) Determine the sequential relationship between all of the activities
• B) Identify all project activities and time to complete each activity
• C) Develop an activity network
• D) Determine the critical path

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Definitions:

Supply Chain Processes

The series of activities and operations involved in the production and distribution of a commodity, from raw materials to the final product delivery.

Product Availability

The extent to which a product can be purchased at any given time, reflecting the effectiveness of the supply chain in meeting consumer demand.

Replenishment Lead Time

The time required to order, produce, and deliver a product or component from the supplier to the point of need, affecting inventory levels and order planning.

Information Distortion

The alteration or misrepresentation of information as it moves through a supply chain, leading to inaccurate data and decision-making.