Exhibit 15.4
The following questions are based on the information below.
A company needs to manage a project which consists of the following set of activities: 
-Refer to Exhibit 15.4. Draw the CPM network for this problem. Use AON notation.
Definitions:
Allocative Efficiency
A state of the economy in which production represents consumer preferences; in other words, every good or service is produced up to the point where the last unit provides a utility equal to its cost of production.
Technological Advance
The progress or development in technology, leading to new products, processes, or systems.
Preferred Mix
The optimal combination or assortment of goods, services, investments, or resources desired by an individual, firm, or economy.
Inverted-U Theory
A concept suggesting that there is an optimum level of a variable, beyond which its effect begins to decline or become negative, often applied to the relationship between income inequality and economic development.
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