project management

 
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.

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