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A company must perform a maintenance project consisting of seven activities. The activities, their predecessors, and their respective time estimates are presented below: Using CPM, what is the Latest Finish Time for the last activity in this project (i.e., the total time to complete the project) ?
Product Development
The process of creating, designing, and introducing new products or improving existing ones to meet consumer needs and market demands.
Market Development
A growth strategy that identifies and develops new market segments for current products, including geographic expansion or targeting new segments.
Diversification
A strategy in business and investment to spread risks and opportunities across different markets, products, or investments.
Cash Cow
A product, service, or business unit that generates a steady flow of profits with minimal investment.
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