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Combined answers to questions MUST BE 200 words or more.
Explain all answers thoroughly and number your answers.
1. Visualize yourself as the manager of an athletic club. Give three examples of data you
might be able to use in making decisions about how to improve the profitability of the
club.
2. What is the difference between a milestone chart and a to-do list?
3. Describe at least two possible job applications for a PERT network.
4. What similarity do you see between the purposes of break-even analysis and a decision
tree?
5. How might the Pareto Principle apply to the profits an automobile company earns on
the sales of its vehicles?
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