Industrial Engineering and Production Management
In ABC control policy, maximum attention is given to

Those items which are not readily available
Those × items which are in more demand
Those items which consume more money
Those items which consume money

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Industrial Engineering and Production Management
When slack of an activity is positive

The activity is critical and any delay in its performance will delay the completion of whole project
Any one of the above
It represents that a programme falls behind schedule and additional resources are required to complete the project in time
It represents a situation where extra resources are available and the completion of project is not delayed

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Industrial Engineering and Production Management
PERT

All of the listed here
Permits management to foresee quickly the impact of variations from the plan
Provides an approach for keeping planning up-to-date
Provides a way for management to require that planning be done on a uniform and logical basis

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