The program evaluation and review technique (PERT) is widely used to plan and measure progress toward scheduled

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The program evaluation and review technique (PERT) is widely used to plan and measure progress toward scheduled events. PERT is combined with cost data to produce a PERT- cost analysis to

a. calculate the total project cost inclusive of the additional slack time.

b. evaluate and optimize trade-offs between time of an event's completion and its cost to complete.

c. implement computer-integrated manufacturing concepts.

d. avoid the problem of time variance analysis.

e. calculate expected activity times.

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