Statement I The critical path has been defined as the longest duration path between the first and the last nodes of a project.
Statement II The duration of a project is not always the same as the duration of its critical path.
Statement III The earliest start and finish times of an activity are based on the condition that every activity will not be started and finished as early as possible.
Find the correct answer for given statements being correct or incorrect.
A. Statements I and II are correct, but Statement III is not correct
B. Statements I and III are correct, but Statement II is not correct
C. Statement I is correct, but Statements II and III are not correct
D. Statement II is correct, but Statements I and III are not correct
Answer: Option C
This Question Belongs to Management >> Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
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