All categories

2 years ago

Differentiate between the scheduling techniques known as CPM and PERT

1 answer:

4 0

PERT is for Program Evaluation and Review Technique, whereas CPM stands for Critical Path Method. PERT is used to manage unpredictable activities, whereas CPM is used to manage predictable ones. PERT is concerned with events, whereas CPM is concerned with activities.

You might be interested in

You find the following financial information about a company: net working capital = $1,005; fixed assets = $6,025; total assets

hichkok12 [17]

Answer:

$6,021

Explanation:

The computation of the company's total liabilities is shown below:-

Current Assets = Total Assets - Fixed Assets

= $8,510 - $6,025

= $2,485

Current Liabilities = Current Assets - Net Working Capital

= $2,485 - $1,005

= $1,480

Total Liabilities = Long-Term Debt + Current Liabilities

= $4,541 + $1,480

= $6,021

6 0

3 years ago

McDonald's is an excellent example of a firm that simultaneously employs both a product-differentiation and a cost-leadership st

julia-pushkina [17]

Answer:

The correct answer is True.

Explanation:

Product differentiation is a competitive strategy that aims to make the consumer perceive the good or service offered by a company differently from those of the competition.

The cost leadership strategy is to find and maintain a low cost position compared to the competition, this will allow the company to obtain higher returns than the industry average.

There is a relationship between the cost leadership strategy and the possession of a high market share, this is because having a high market share allows the appearance of economies of scale and economies of experience, both contribute to reducing unit costs.

7 0

3 years ago

Read 2 more answers

A store has been selling 100 DVD burners a week at $450 each. A market survey indicates that for each $30 rebate offered to buye

Ivanshal [37]

Answer:

a rebate of 200 dollars will generate 500 sales

with a revenue of 125,000

Explanation:

We need to maximize the total revenue which is:

TR = Price x Quantity. First we define each of these:

P = (450 - 30X)

Q = (100 + 60X)

Being X the cash rebate

We now replace this into the TR formula:

TR = P x Q = (450 -30X) (100 + 60X)

TR = -1800x2 +27,000x -3,000x + 45,000

TR = -1800x2 +24,000x + 45,000

as this is a quadratic function: a: -1,800 b = 24,000 c = 45,000

the maximum revenue will be at the vertex: -b/2a

-24,000/2(-1,800) = 6.67

now we multiply by 30: 6.67 x30 = 200 dollars

which bring 60 x 6.67 = 400 new customers

250 x (100 +400) = 250 x 500 = 125,000

7 0

3 years ago

Betty's Blossoms Nursery's social media presence has taken the company a step in the right direction toward building relationshi

frozen [14]

Answer:

The Company is practicing Social CRM

5 0

3 years ago

Sal contracts with Tasty Pizza Company to deliver its products. Later,both parties change their minds and decide to cancel their

goldenfox [79]

Answer:

.b.can agree to a new contract that includes the new price

Explanation:

When Sal and Tasty agreed to cancel their first contract, that was the end of that particular contract. No further negotiations can take place because the contract doe not exist. By calling Tasty the following day, Sal was initiating a new contract.

A new contract does not need to make any references to the canceled contract. Sal and Tasty are free to negotiate for new terms and negotiations since this is a new contract. The details of the canceled contract are no longer binding to them.

5 0

3 years ago