Question: 15. At what point in a stock control graph is the EOQ found? a. Where total cost equals holding cost b. Where total cost equals
15. At what point in a stock control graph is the EOQ found? a. Where total cost equals holding cost b. Where total cost equals ordering cost c. Where ordering cost equals safety stock d. Where holding cost equals ordering cost 16. What general rule is applied in the Pareto classification of stock items? a. \\( 20 / 80 \\) rule, where \80 of the items may contribute \20 of the profit b. \\( 40 / 60 \\) rule, where \40 of the items may contribute \60 of the profit c. \\( 50 / 50 \\) rule, where \50 of the items may contribute \50 of the profit or vice versa (d. \\( 80 / 20 \\) rule, where \20 of the items may contribute \80 of the profit 17. Evaluate the following precedence diagram node. What does the \" 6 \" represent? a. Duration b. Float c. Activity number d. Activity sequence number 18. Which of the following best describes how to apply project management to a project? a. Include resources beyond those that are currently available so that future planning is considered. b. Use an open-ended completion date to allow for flexibility. (c.) Make sure the project is self-contained and involves a set of related activities. 8. Make sure the project contains only a set of routine, simple activities
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