QUESTION 1[100]Explore the importance of quantitative analysis in the fields of business and management by examining the following analytical models and techniques:Linear ProgrammingProject Management Approaches: Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM)Transportation Model: North-West Corner MethodFor each model, discuss its real-world application by identifying a specific organization or company that employs these quantitative techniques to guide and enhance decision-making. Provide a practical example of a project or problem that can be effectively addressed through the respective model.