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1. Why would a heavy equipment company like Caterpillar hire a Ph.D. in economics as the CEO?
2. Gantt charts have been around for almost 100 years, and they are now implemented with software.Why doGantt chartshave such staying power?
3. At least one-half of new restaurants fail within the first couple of years, even when these restaurants appear to be busy much of the time. How might two of the techniques described in this chapter help prevent someone opening a restaurant that is doomed to fail?
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4. Describe two possible job applications for a PERT network.
5. 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.
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