1 Which of the following statements describles the LF time for an activity in a

Question

1 Which of the following statements describles the LF time for an activity in a project?

A The smallest LS time of all its immediate predecessors

B The largest EF time of all its immediate predecessors

C The smallest LS time of all its immediate predecessors

D The LS time of the activity minus the activity duration

E The ES time of the activity plus the activity duration

2 If a supply chain is designed to be responsive, which of the following scenarios is most likely to be true?

A Demand is predicatble

B Product variety is low

C Suppliers offer low cost

D Suppliers have volume flexibility

E Contribution margins are low

Explanation / Answer

!. B

AS: LF of last activity = EF of the same last activity

2. D

The responsiveness of the supply chain a grants a ease to the suppliers or the members of the supply chain to have a volume flexibility. As this helps to report the change in the market scenario as soon as it happens. the change according to the need of the customers is also given priority in the responsive kind of supply chain model.

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