Mon. Dec 5th, 2022
  

Product Development. Consider the simplified set of activities in the Table below for the development of a consumer product from initiation through the market test phase.
Activity
Symbol
Immediate predecessors
Time estimate (weeks)
Investigate demand
A
3
Develop pricing strategy
B
1
Design product
C
5
Conduct promotional cost analysis
D
A
1
Manufacture prototype models
E
C
6
Perform product cost analysis
F
E
1
Perform final pricing analysis
G
B,D,F
2
Conduct market test
H
G
8
Draw the AOA network for this project.
Calculate total slacks and free slacks, and interpret their meaning. .
Determine the critical path and interpret its meaning.
Construct a Gantt chart and mark the latest start times for each activity.

Don't use plagiarized sources. Get Your Custom Essay on
Product Development. Consider the simplified set of activities in the Table belo
Just from $13/Page
Order Essay

By ravi

Leave a Reply

Your email address will not be published. Required fields are marked *