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1.Why are quantitative models important for planning, control, and decision making? 2.What is PERT? Why is it important? Give an example that can be applied

1.Why are quantitative models important for planning, control, and decision making?

2.What is PERT? Why is it important? Give an example that can be applied in our daily life.

3.What is Gantt Chart? Why is it important? Give an example that can be applied in our daily life.

4.What is the relationship between PERT and Gantt Chart?

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