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13. The _____ (in time) through a PERT network is the _____.a.longest path….critical path (p. 436)b.shortest path….critical pathc.longest path….slack pathd.shortest path….slack pathe.None of the above.14. In a PERT network, the difference between the _____ and the _____ is slack.15. In a PERT network, the difference between the _____ and the _____ is slack.
16. When referring to learning improvement, the _____ represents a reduction in the cumulative average number of labor hours as production doubles from a previous level.17. [A/An] _____ establishes the rate of improvement due to learning as producers realize direct-labor cost improvements as production volumes increase.a.leverageb.learning curve (p. 438)c.knowledge curved.product life cyclee.short-term contract18. The term _____ applies to the average direct labor required to produce a unit of output in the short run, while the term _____ refers to the longer-term factors of production that systematically reduce production costs.19. Which of the following is falseregarding when to use the learning curve?
20. _____ techniques are primarily applied to existing products and services, while _____is the application of value principles during product or service design.21. Which of the following is nota question that value analysis teams should ask to determine if opportunities exist for item, product, or service improvement?a.Are there additional uses for this product?b.Can we use a different color of paint? (p. 445)c.Is there a better production method?d.If we are making this item currently, can we buy it for less?e.Are packaging cost reductions possible?