The Automatic Identification of Material Is Part Of/facilitated by

question 80

Multiple Choice

The automatic identification of material is part of/facilitated by

• A)holding costs.
• B)RFID.
• C)working capital reduction.
• D)net present value calculations.
• E)vendor analysis.

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Definitions:

Minimum Duration

The shortest possible time in which a project or task can be completed, taking all constraints into account.

Immediate Predecessors

Activities or tasks that must be completed directly before a subsequent activity or task can begin, in a project or process sequence.

Critical Path

The longest sequence of tasks in a project, which determines the shortest possible duration to complete the project.

Slack

The amount of time a task in a project can be delayed without causing a delay to subsequent tasks or the project finish date.