Quantitative Analysis In Management
Analyses, interpretation, and questioning of results. Mathematical concepts of beginning algebra and geometry. Determination of the reasonableness of results. Analyse results. Interpretation of results. Organization and presentation of information graphically, numerically, symbolically, and…
Learning outcomes
At the end of this course, students should be able to: 1. distinguish between different mathematical techniques and applications; 2. describe how quantitative analysis theory, techniques, and tools are used to support and facilitate managerial decision making; 3. apply mathematical techniques to problem solving; and 4. calculate and interpret numerous statistical values and appreciate their value to the business manager.
Course contents
Analyses, interpretation, and questioning of results. Mathematical concepts of beginning algebra and geometry. Determination of the reasonableness of results. Analyse results. Interpretation of results. Organization and presentation of information graphically, numerically, symbolically, and verbally. Financial modelling. Statistical modelling. Operational modelling. Decision theory. Managerial decision making.