a.projectsb.programsc.processesd.planning(a; difficult; p. 214)69.The four terms that are required to construct a PERT network are: events, activities,____________, and ____________.a.crucial path; slack timeb.critical path; estimated timec.crucial path; earliest dated.slack time; critical path(d; moderate; p. 215)70.A PERT network depicts the sequence of activities needed to complete a project and the__________ each activity.a.estimated day ofb.time or costs associated withc.amount of money needed ford.step of(b; difficult; p. 215)71.In a PERT network, events are __________.a.end points that represent the completion of major activitiesb.the longest or the most time-consuming sequence of events in a PERT networkc.the amount of time an individual activity can be delayed without delaying thewhole projectd.all key activities needed to complete a project(a; difficult; p. 215)137
72.Which of the following steps in the PERT process are end points that represent thecompletion of major activities?a.critical pathsb.eventsc.checkpointsd.sections(b; difficult; p. 215)73.Which of the PERT steps represent the time or resources required to progress from oneevent to another?a.eventsb.critical pathsc.checkpointsd.activities(d; moderate; p. 215)74.In the PERT process, what is the critical path?a.the central guideline that other activities feed intob.the checkpoint for comparing standards of completionc.the most time-consuming sequence of events and activitiesd.the most costly path in a scheduling outline(c; moderate; p. 215)75.What type of technique is widely used to help managers make profit projections?a.factor analysisb.cost accountingc.breakeven analysisd.PERT(c; easy; p. 216)76.If a retail sales manager wants to know how many denim jackets must be sold in orderto reach a specified profit objective, he or she is employing what type of planning tool?a.breakeven analysisb.PERTc.Gantt chartd.cost accounting(a; difficult; p. 216)77.Breakeven analysis is a widely used resource allocation technique to help managersmake _____________.a.project total cost estimatesb.projections like PERT except it uses costs instead of time unitsc.profit projectionsd.fixed and variable cost estimates(c; difficult; p. 216)78.In order to compute the breakeven point, a manager needs to know the unit price of theproduct being sold, the variable cost per unit, and _______________.a.total number of units soldb.fixed costs per unit soldc.total fixed costsd.none of the above(c; easy; p. 216)79.Examples of fixed costs include ______________.138
139a.property taxesb.energy costsc.labor costsd.raw materials(a; easy; p. 217)80.According to the textbook, some applications for linear programming include______________.a.selecting transportation routes that minimize shipping costsb.allocating an advertising budget among different plansc.optimally assigning personal to projectsd.all of the above(d; moderate; p. 217)81.Because linear programming requires that there be limited resources and outcomeoptimization, it ____________.
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