1. What are the principles behind the micro-strategy approach to proof of concept?
2. Consider a perishable item which has no salvage value after one period. If the purchase price is $2, selling price is $5, and four items were stocked but the demand was only 3 in a given period, what is the proft?
3. What do you believe is the primary benefit to the project of controlling the human side of the project? Should this be a concern set even in short duration projects? Why or why not?