In Order to Reduce the Length of a Project,it Would

question 23

Multiple Choice

In order to reduce the length of a project,it would be wise to shorten:

• A)The project activity that costs the least to speed up.
• B)The project activity that can be speeded up by the greatest amount.
• C)The critical path activity that can be speeded up by the greatest amount.
• D)The critical path activity that costs the least to speed up.

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Definitions:

Order Fill Rate

A measure of supply chain efficiency that indicates the percentage of customer orders that are fulfilled without backorders or stockouts.

Safety Inventory

Extra inventory held to guard against uncertainty in demand or supply.

Product Availability

The extent to which goods are in stock and ready for sale or delivery at any given time.

Echelon Inventory

The inventory held across different stages or levels of the supply chain, from raw materials to final products, to meet downstream demand.