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In two to four paragraphs (minimum of 15 sentences), describe how you could use either PERT or CPM in your life. Create a table that includes the activity, description, immediate predecessor, and expected activity time. In your essay discuss the problems or challenges that lead you to decide on why PERT/CPM could help, and the outcomes you would expect to see if you utilized PERT/CPM.
For example, do you have a large project at work, school, or at home (renovation, move etc.) in which listing activities and making a plan would equip you to be more efficient?
In your replies to classmates comment on other activities you see that may go into their list, other potential outcomes, or if you too, have experienced this as a challenge. In addition you may comment on other aspects of their example.
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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