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:

Dividends

Funds disbursed by a company to its shareholders, typically originating from the firm's earnings.

Product Life Cycles

Describes the stages a product goes through from introduction to growth, maturity, and decline in the market.

Required Rate Of Return

The minimum annual percentage earned by an investment that will entice individuals or companies to put money into a particular security or project.

Dividends

Dividends are payments made by a corporation to its shareholder members, representing a portion of the corporate profits distributed.