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The government spends a large amount of money each year on contracts. In fact, the federal procurement department spent over $425 billion in the fiscal year 2006 with over $33 million on Lockheed Martin Corporation alone. These projects are often known to have cost and schedule overruns.
Why would subcontractors for a government project want their activities on the critical path? Under what conditions would they try to avoid being on the critical path?
Explain Inventory Procurement Cost and Inventory Carrying Cost. Inventory Procurement Cost and Inventory Carrying Cost: Inventory is a detailed list of such movable items which
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