Which of the Activities in This Project Has the Greatest

question 27

Multiple Choice

Which of the activities in this project has the greatest amount of slack? $$\begin{array} { | c | c | c | } \hline \text { Activity } & \text { Length } & \text { Predecessor } \\\hline \text { A } & 7 & \cdots \\\hline \text { B } & 4 & \text { A } \\\hline \text { C } & 8 & \text { A } \\\hline \text { D } & 3 & B , C \\\hline \text { E } & 2 & B \\\hline \text { F } & 8 & \text { D, E } \\\hline\end{array}$$

• A)B
• B)C
• C)D
• D)E

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Definitions:

Carrying Cost

An expense related to holding inventory, including storage, insurance, and obsolescence costs.

Lead Time

The total time taken from the initiation to the completion of a production process or delivery of a service.

Value Chain

The full range of activities that businesses go through to bring a product or service from conception to delivery to the end consumer.

Management Accounting

The field of accounting that focuses on providing financial and non-financial information to help managers make informed business decisions.