Concerning PERT and CPM

question 68

Multiple Choice

Concerning PERT and CPM:

• A)These are two different names for essentially the same technique.
• B)CPM tends to focus more on the critical path; PERT focuses on the parallel paths.
• C)PERT gives a clearer indication of activity slack, while CPM gives a better picture of path slack.
• D)Because of its recent discovery, much less is known about CPM than PERT.
• E)All of the above are true.

---

Definitions:

Inventory Records

Documentation that keeps track of the quantities, locations, and statuses of products that a company has in stock.

EOQ Model

Economic Order Quantity model, a formula used in inventory management to determine the optimal order size that minimizes total inventory costs.

Dependent Demand

The demand for components or raw materials that is directly tied to the demand for the final product they contribute to creating.