MBA 510 - Quantitative Tools for Management

This course provides a survey of quantitative tools essential for business analysis and also provides a basis for the subsequent study of quantitative business methods. The course covers an introduction to statistical methodologies and the interpretation of statistical findings, measures of centrala tendency, dispersion, probability, discrete and continuous distributions, sampling inference, simple and multiple correlational and regression. It also surveys some of the most commonly used management science models employed by decision makers in structuring and solving problems encountered by organizations. These include decision theory, linear programming, queuing models, Markov analysis and simulation. The computer will be used to generate solutions to several problems. Issues of implementation will permeate the coverage of material throughout the course. Not open to students who entered the MBA program prior to Summer 1996.
Lecture
Credits: 3