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. Investigate demand A 3

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. 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 A project has 11 activities that can be accomplished either by one person working alone or by several people working together. The activities, precedence constraints, and time estimates are given in Table below. Suppose that you have up to five people who can be assigned on any given day. A person must work full days on each activity, but the number of people working on an activity can vary from day to day. A 10 B A 8 C A 5 D B 6 E D 8 F C 7 G E,F 4 H F 2 I F 3 J H,I 3 K J,G 2 Text- ISBN: 9780134478661 Authors: SHTUB Publisher: Pearson Edition: 3RD 17

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