Key to All Scheduling Techniques Is to

question 194

Multiple Choice

key to all scheduling techniques is to

• A) avoid scheduling tasks that can be done concurrently.
• B) avoid tasks that must be done sequentially.
• C) make sure to allow a 20 percent delay factor to account for contingencies.
• D) assign responsibility for end results to the entire group rather than a single individual.
• E) distinguish tasks that must be done sequentially from those which can be done concurrently.

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Definitions:

High-low Method

A technique used in accounting and finance to estimate variable and fixed components of a cost based on the highest and lowest activity levels.

Cost Analysis

The process of assessing the costs involved in carrying out a particular business activity or project.

Variable Expenses

Costs that vary in direct proportion to changes in the level of activity or volume of production.

Fixed Expenses

Obligations that remain constant in total regardless of changes in business activity levels, such as lease payments and salaries.