Loop A network path that passes the same node twice. Loops cannot be analyzed using traditional network analysis technique s such as CPM and PERT . In network s, a set of symbols indicating that one or more activities are mutually dependent. Loop A path in a network closed on itself passing through any node more than once on any given path . The network cannot be analyzed, as it is not a logic al network.
Profit is negative.
Lot A collection of units of product bearing identification and treated as a unique entity from which a sample is to be drawn and inspected to determine conformance with the acceptability criteria . The procedure of collecting, segregating, or delineating production units into homogeneous identifiable groups according to type, grade , class, size, composition, or condition of manufacture. The number of units of product in a lot. Late Start LSD See Late Start Date Lump Sum See Fixed Price . Please feel free to point to this document.