Given the assumptions in PERT, the probability that a project will be completed in less time than required by the activities on the critical path is approximately 50%
Indicate whether the statement is true or false
TRUE
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Dayton Construction has a ________ for processing invoices, which includes coding them by job number and construction phase, and matching them with the correct purchase order.
A. program. B. policy. C. rule. D. procedure. E. project.
According to the United Nations Convention on Contracts for the International Sale of Goods (CISG), an offer:
A. must express the quality of the goods to be valid. B. is not valid, if it impliedly provides means of determining the quantity of the goods. C. must be directed to a specific person. D. is sufficiently definite even if it lacks price terms.
Which of the following is an example of a mis-matched supply chain strategy?
A. Risk-hedging supply chains = Apple's supply chain B. Efficient supply chains = Wal-Mart's supply chain C. Agile supply chains = Amazon's supply chains D. Responsive supply chains = Dell's supply chains E. All of the above are correctly matched
"Little JIT" refers to
A. working with designers, production managers, and marketers to simplify product design. B. reducing the size of the production facility to make it more manageable. C. narrowing the focus to the management of goods inventories. D. lean production.