The Amount of Time an Activity Can Be Delayed and Yet

question 97

Multiple Choice

The amount of time an activity can be delayed and yet not delay the project is termed

• A)Total slack.
• B)Free slack.
• C)Critical float.
• D)Float pad.
• E)Slip pad.

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Definitions:

Planned Spending

Planned or budgeted expenditures by individuals, companies, or governments anticipated over a certain period.

Planned Output

The expected or targeted level of production set by a company or economy, often based on demand forecasts and capacity planning.

Inventories

The total amount of goods and materials held by a company or business in anticipation of sale or completion.

Income-Expenditure Model

A relationship that shows how much people plan to spend at each income level; this model identifies, for a given price level, where the amount people plan to spend equals the amount produced in the economy.