A company is in the process of preparing a budget for launching a new product. The following table provides the associated activities and their durations. Construct the project network. Activity A : Forecast Sales Volume B : Study competitive market C : Design item and facilities D : Prepare production schedule E : Estimate cost of production F : Set sales price G : Prepare budget (b) Predecessor(s) — — A C D B, E E, F Explain PERT procedure. 3 Duration (days) 10 7 5 3 2 1 14
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option B study competitive market
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