The Values Assigned to the Nodes in a Project Network

question 36

True/False

The values assigned to the nodes in a project network are there to identify the precedence relationships

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Definitions:

Pull Manufacturing

A production strategy where work is initiated based on demand, aiming to minimize inventory levels and reduce waste by producing only what is needed at the right time.

Actual Customer Orders

The real and documented requests by customers for goods or services from a company.

Pull Manufacturing

A production strategy where work is initiated based on customer demand, as opposed to pushing inventory based on projected demand.

Stock Inventory

Goods, materials, or commodities held by a business for the purpose of resale or production.