If Deterministic Time Estimates Are Used,and If Project Deadlines Are

question 51

Multiple Choice

If deterministic time estimates are used,and if project deadlines are firm,there is a high likelihood that it will __________.

• A)not be necessary to crash any activities in projects
• B)be necessary to crash the last few activities of most projects
• C)be completed on time and within budget
• D)be completed as per schedule

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Definitions:

Restocking Costs

Expenses associated with replenishing inventory or stock levels in a business.

Carrying Inventory

The process of holding stock or goods in storage or in transit, with associated costs.

Terms of Sale

The conditions under which a seller will complete a sale, typically specifying the time and method of payment and when the buyer takes possession of the goods.

Credit Period

The duration of time a buyer is given by a seller to pay for a purchase.